Examlex

Solved

Besides the Popular,comprehensive Programming Languages Such as Java and C++,many

question 24

True/False

Besides the popular,comprehensive programming languages such as Java and C++,many programmers use scripting languages such as Python,Lua,Perl,and PHP.


Definitions:

Straight-Line Method

A method of calculating depreciation or amortization by evenly distributing the cost of an asset over its useful life.

Salvage Value

Salvage value is the estimated resale value of an asset at the end of its useful life, used in determining depreciation amounts.

Retroactive Effect

The Retroactive Effect refers to changes that are applied to past periods or actions, such as changes in accounting policies that affect previous financial statements.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.

Related Questions