Examlex
Saddam Husayn did not attain significant power in ruling Iraq until he became president in 1979.
Straight-Line Method
A technique for computing depreciation that involves uniformly distributing an asset's cost throughout its lifespan.
Salvage Value
The anticipated concluding value of an asset at the expiration of its operational period.
Commercial Substance
A concept in accounting that a transaction has commercial substance if it significantly changes the economic position or cash flows of the company.
Construction Cost
Expenses incurred in the building of physical structures, including materials, labor, and overhead costs.
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