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A disaster planning task force has been asked to focus on communication. Which instruction should this group provide to nursing staff?
Depreciation Expense
An accounting method used to allocate the cost of a tangible asset over its useful life.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Estimated Life
The expected period over which an asset will be utilized or useful, often used for the purpose of depreciation or amortization calculations.
Depreciable Cost
The total cost of a fixed asset that can be depreciated over its useful life, excluding salvage value.
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