Examlex
Participation in goal setting is necessary for goals to improve performance.
CCA Rate
The percentage rate used in Canada to calculate capital cost allowance, which is a deductible expense for tax purposes on the depreciation of assets.
Break-Even Lease Payment
The lease payment amount at which the cost of leasing equals the financial benefits, resulting in no net loss or gain.
Straight-Line Depreciation
A way to distribute the expense of a tangible property over its lifespan in equal amounts each year.
CCA Class
Specific categories under the Canadian Capital Cost Allowance that determines the depreciation rate for tax purposes on an asset.
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