Examlex
According to Aristotle's principle of frequency, the ideas of "chair" and "table" are linked because people see chairs and tables together:
Extend Life
Approaches or maintenance activities aimed at prolonging the functional lifespan of an asset, machinery, or system.
Residual Value
The anticipated value of an asset at the termination of its operational lifespan.
Depreciation Expense
The systematic allocation of the cost of a tangible asset over its useful life, representing wear and tear, deterioration, or obsolescence.
Units-of-Production
A depreciation method that allocates the cost of an asset over its useful life based on the actual amount of production or use.
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