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The Administrative Procedure Act imposes controls on agencies by requiring basic fairness in areas not regulated by the enabling legislation.This method of reining in powerful agencies is a form of
Units-Of-Production
A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces.
Depreciable Cost
The initial cost of an asset minus its salvage value, which is the amount that can be depreciated over the life of the asset.
Residual Value
The approximated price an asset will bring in at the conclusion of its operational life when it is sold.
Straight-Line Basis
A method of calculating depreciation or amortization that spreads the asset's cost evenly across its useful life.
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