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Native mobile applications only run on the operating system for which they are programmed.
Scrap Value
The anticipated value of an asset when it reaches the end of its functional lifespan, commonly utilized in figuring out depreciation.
Units-Of-Activity Method
A method of depreciation that provides for depreciation expense based on each unit of activity of a fixed asset.
Depreciable Cost
The total cost of a tangible asset minus its estimated salvage value, representing the amount subject to depreciation over the asset's useful life.
Estimated Output
The anticipated quantity of products or services that a business expects to produce over a certain period.
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