Examlex
The process of capturing, storing, and maintaining data is known as
Straight-Line Depreciation
A method of allocating an asset's cost evenly across its useful life.
Salvage Value
The estimated resale value of an asset at the end of its useful life, often considered during depreciation calculations.
Double-Declining Balance
A method of accelerated depreciation where an asset’s book value is decreased at double the rate of its straight-line depreciation.
Straight-Line
A method of calculating depreciation or amortization by dividing the cost of an asset equally over its useful life.
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