Examlex
It is acceptable to write out quotations in full in a speaking outline.
Double-declining-balance Method
A method of depreciation that accelerates the depreciation of an asset by applying a fixed rate to its declining book value.
Straight-line Method
A depreciation method that allocates the cost of an asset evenly over its useful life, resulting in a constant annual depreciation expense.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in the asset's value over time.
Salvage Value
Salvage value is the estimated resale value of an asset at the end of its useful life.
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