Examlex
In quality control settings, businesses prefer a larger standard deviation, which is an indication of more consistency in the process.
Declining-Balance Method
The declining-balance method is an accelerated depreciation technique that applies a constant rate of depreciation to an asset's book value each year, resulting in decreasing depreciation expenses over time.
Straight-Line Method
A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.
Declining-Balance
A method of accelerated asset depreciation where the depreciation expense decreases over time.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's wear and tear or obsolescence.
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