Examlex
According to frustration theory,
Straight-line Depreciation
A technique of distributing the expense of a physical asset uniformly over its operational lifespan.
Accelerated Depreciation
A method of depreciation in which an asset loses book value at a faster rate than the traditional straight-line method over its useful life.
Useful Life
The expected time period over which an asset is useful to the owner.
Double-declining-balance
An accelerated method of depreciation which double the rate of normal depreciation, reducing the value of assets more quickly.
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