Examlex
A scientific___________ is a tentative or untested explanation that is proposed to explain scientific observations.
Depreciation Expense
The allocated expense of a tangible asset over its useful life, representing the asset's reduction in value due to use and wear and tear.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a company's assets over time.
Units-Of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces or the hours it operates.
Double-Declining-Balance
An accelerated method of depreciation that doubles the standard depreciation rate, resulting in higher depreciation expenses in the earlier years of an asset's life.
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