Examlex
Which method is called when an item in a list is selected?
Straight-Line Method
A depreciation method that allocates the cost of an asset evenly over its useful life.
Depreciation
Distributing the cost of a physical asset methodically over its period of utility.
Residual Value
The estimated amount that an asset will be worth at the end of its useful life.
Double-Declining-Balance Method
A method of accelerated depreciation which doubles the straight-line depreciation rate and applies it to the asset's remaining book value each year.
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