Examlex
Harlow Shapley's original estimate of the distance from the Sun to the galactic center was incorrect because it did not take scattering by interstellar dust into account. Shapley's original estimate was
Carrying Amount
The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.
Depreciation
Depreciation is the systematic allocation of the cost of a tangible asset over its useful life, reflecting its wear and tear, obsolescence, or decline in value over time.
Cost Allocation
The process of identifying, aggregating, and assigning costs to cost objects, such as products, services, or departments.
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