Examlex
Key features of research include:
Straight-Line
A method of calculating depreciation or amortization by evenly allocating the cost of an asset over its expected useful life.
Sum-Of-Years' Digits
An accelerated method of depreciation which involves allocating the cost of an asset over its useful life in a way that results in higher depreciation expense in the earlier years and lower expense in later years.
Salvage Value
The anticipated market value of an asset upon completing its service life.
Matching Principle
An accounting principle that requires expenses to be matched with the revenues they helped to generate in the same period.
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