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Units-Of-Activity
A depreciation method that allocates expense based on the actual usage or activity level of the asset.
Depreciation Method
A systematic approach used to allocate the cost of a tangible asset over its useful life, such as straight-line or declining balance methods.
Units-Of-Activity
A depreciation method that allocates expenses based on the actual usage or activity levels of an asset.
Salvage Value
A projection of an asset's value at the end of its period of functionality.
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