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Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired, representing the reduction in value over time.
Double-Declining-Balance Method
A form of accelerated depreciation where an asset's value is reduced at double the rate of its straight-line depreciation.
Units Produced
A measure of the total quantity of product that a manufacturing or production facility has completed over a given period of time.
Composite Depreciation
A method of depreciation that applies a single depreciation rate to a group of assets with different lives, simplifying accounting processes.
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