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In the context of alternative work schedules, which of the following are plans in which employees usually must work 40 hours per week and, typically, 5 days a week in the office but in which they have control over the starting and ending times for work on each day?
Residual Value
The remaining value of an asset after accounting for depreciation and usage over time.
Depreciation
A systematic reduction in the recorded value of a fixed asset, recognizing wear and tear over time.
Estimated Life
The expected period over which an asset is useful to the owning entity, affecting calculations like depreciation.
Residual Value
The anticipated financial return of an asset at the time of its disposal following the end of its usefulness.
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