Examlex
In a database, the term ________ is synonymous with a category of data.
Useful Life
The estimated period over which an asset is expected to be utilizable or productive before it is fully depreciated.
Straight-Line
A method of calculating depreciation or amortization by evenly distributing the cost over an asset's useful life.
Double-Declining-Balance
A method of accelerated depreciation where the asset's book value is decreased at double the rate of straight-line depreciation.
Units-Of-Activity
A depreciation method that allocates expense based on the actual usage or activity level of the asset.
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