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Cost Savings
The reduction in expenses achieved by employing more efficient methods or making favorable decisions.
Salvage Value
An asset's anticipated market value upon concluding its period of utility.
Acceptable Project
Refers to a project considered feasible or desirable based on certain criteria such as return on investment, risk level, or alignment with strategic goals.
Investment Equipment
Assets purchased for the purpose of generating income, often through productive use in a business's operations.
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