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What activity is a salesperson engaged in when he/she uses online mapping services when planning her client visits?
Straight-Line Depreciation
is a method of calculating the depreciation of an asset by evenly spreading its cost over its useful life.
Residual Value
The anticipated amount an asset is expected to be worth when it is sold after reaching the end of its usability.
Units-of-Production Method
A depreciation approach based on the actual usage, operational output, or units of production of the asset, rather than on time alone.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life to account for the decrease in value over time.
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