Examlex
Match each definition with the correct term below.
-Microtia
Original Cost
The initial purchase price or construction cost of an asset or investment, before depreciation or amortization.
Units-of-production
An approach to depreciation that apportions the price of an asset throughout its functional life, contingent on the total units it generates.
Salvage Value
The forecasted residual valuation of an asset at the termination of its utility life.
Useful Life
The estimated period of time an asset is expected to be usable for its intended purpose.
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