Examlex
Memory distortion happens when we try to make the memory fit into
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Group Depreciation Method
An accounting method that applies a single depreciation rate to a group or pool of assets with similar characteristics and useful lives, instead of depreciating each asset individually.
Depreciation Rate
The percentage rate at which an asset is depreciated across its useful life, essentially spreading its cost over time.
Residual Value
The estimated amount that an asset will be worth at the end of its useful life, after depreciation has been subtracted.
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