Examlex
A construction firm intends to use technology to enhance their architectural designs architecture.Which of the following technologies should they use?
Salvage Value
Salvage value is the estimated residual value of an asset at the end of its useful life, indicating what a company expects to recover or sell the asset for.
Depreciation Expense
The calculated apportionment of the price of a tangible asset over the duration it is useful.
Components
The individual parts or elements that make up a larger product, system, or machine.
Depreciated Separately
An accounting method in which assets are depreciated individually, based on their own useful life and depreciation rate, rather than being grouped together with other assets.
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