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The concept of constructive coping
Double Declining Balance Method
An accelerated depreciation method that doubles the straight-line depreciation rate, allowing for more depreciation in the early years of an asset's life.
Activity Method
An approach to calculating depreciation for an asset based on its actual usage, wear and tear, rather than an arbitrary time frame.
Depreciation Expense
Systematically dividing the cost of a tangible asset over its estimated useful life.
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