Examlex
Which of the following prison programs is most characteristic of the just-deserts era of corrections?
Salvage Value
The estimated resale value of an asset at the end of its useful life, used in calculating depreciation expenses.
Half-Year Convention
A tax and accounting method that treats all assets acquired or disposed of during a year as being acquired or disposed at the midpoint of that year.
Sum-Of-The-Years'-Digits
An accelerated depreciation method that applies a decreasing fraction to the depreciable cost of an asset over its useful life.
Depreciation Expense
An accounting method for allocating the cost of a tangible asset over its useful life, reflecting the asset's decrease in value over time.
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