Examlex
Selecting the Exception Three of the four answers listed below are related by similar causes. Select the exception.
Depreciation Expense
Depreciation expense is the allocated portion of the cost of a tangible asset that is expensed over its useful life, reflecting wear and tear, obsolescence, or loss of value.
Double-Declining-Balance
A method of accelerated depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.
Accelerated Depreciation
A depreciation method that allows faster write-off of assets in the initial years of asset life.
Accumulated Depreciation
The total depreciation for a fixed asset that has been charged to expense since the asset was acquired and put into use.
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