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Although Used in All Types of Business Modeling, the ____

question 152

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Although used in all types of business modeling, the ____ has been adopted as a standard notation for object modeling.

Know how to specify material size and requirements for sheet metal projects.
Understand the calculation and provision for extra material in joints and seams.
Understand the significance of the front view in depicting an object's purpose and general contour.
Recognize the influence of an object's shape and functionality on the selection and arrangement of views.

Definitions:

Residual Value

The estimated value that an asset will have at the end of its useful life, also known as salvage value.

Net Book Value

The value of an asset as recorded on the balance sheet, calculated as the original cost minus accumulated depreciation and impairments.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in an equal annual amount.

Depreciable Cost

The cost of a fixed asset minus its salvage value, which is the total amount that can be depreciated over its useful life.

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