Examlex
The purpose of __________ is to allow people to meet each other face to face,within a short period of time,to decide whether there is mutual interest in another date.
MACRS
Modified Accelerated Cost Recovery System, a method of depreciation in the United States that allows businesses to recover investments in certain property through tax deductions over a specified life.
Scrap Value
The estimated value that an asset will realize upon its sale at the end of its useful life; often used in depreciation calculations.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, obsolescence, or other declines in value.
Depreciable Rate
The rate at which an asset loses its value over time for accounting and tax purposes, determining its annual depreciation.
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