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When performing in-person screenings,you should ask patients if they are taking:
Depreciable Cost
Depreciable cost is the cost of a fixed asset that is subject to depreciation over its useful life, excluding salvage value.
Depreciation Rate
A percentage rate used to calculate the decrease in value of an asset over time for accounting and tax purposes.
Units-of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on the units it produces or hours it operates.
Straight-Line Depreciation
is a method of depreciating an asset where the asset's cost is evenly spread over its useful life, resulting in equal depreciation expenses each year.
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