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What is the excavation term for sifting soil to recover objects?
Fixed Asset
Long-term tangible assets used in the operations of a business that are not expected to be converted to cash in the short term.
Book Value
The net value of an asset or company, calculated by subtracting liabilities from assets and often used to assess the worth of tangible assets on balance sheets.
Depreciable Asset
An asset subject to depreciation, representing its decline in value over time due to use or obsolescence.
Useful Life
Useful Life is an accounting estimate of the time period a tangible asset is expected to remain functional and economically viable for its intended purpose.
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