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Directions: Use your knowledge of reading, writing, and the conventions of grammar to answer the following questions. ______ was the last person to turn out the lights?
Sum-Of-The-Years'-Digits
A method of depreciation that accelerates the write-off of assets by applying a decreasing fraction to the depreciable amount each year.
Straight-Line Method
A depreciation technique that allocates an equal amount of depreciation expense for an asset each year.
Prospective
Relating to or effective in the future, often used in context with financial statements or models that forecast future performance.
Tax Savings
Tax savings refer to the reduction in tax liability achieved through allowable deductions, credits, or other legal means.
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