For at least the last 100 years, sea level has been rising at an average rate of about 1.8 mm (0.1 in) per year. Most of this rise can be attributed to the increase in temperature of the sea and the resulting slight thermal expansion of the upper 500 metres (1,640 feet) of sea water.recise determination of a mean sea level is a difficult problem because of the many factors that affect sea level. Sea level varies quite a lot on several scales of time and distance.
Depreciation is very much necessary for fixed assets because the fixed asset would lose its residual value due to the wear and tear, depletion, passage of time, obsolescence or accidents over a time period. Therefore, the actual value of the asset cannot be determined if we take the purchase amount in the books every year.
Intangible assets have been argued to be one possible contributor to the disparity between company value as per their accounting records, and company value as per their market capitalization. Considering this argument, it is important to understand what an intangible asset truly is in the eyes of an accountant.