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In an action in negligence, in deciding whether a breach of duty caused a particular harm, the judge must be satisfied:
Group Depreciation Method
An accounting technique used to depreciate a portfolio of assets collectively, often applied to assets with similar characteristics and useful lives.
Accumulated Depreciation
This represents the total amount of depreciation expense that has been recorded against a fixed asset since it was acquired.
Sum-Of-The-Years'-Digits Depreciation
An accelerated depreciation method that allocates a proportionally higher depreciation in the early years of an asset's life and less in the later years, based on a fraction determined by the asset's useful life.
Economic Life
The period over which an asset is expected to be usable for its intended purpose.
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