Examlex
A validated method of selection is a method that is shown to predict applicant success on the job
Remaining Book Value
The net amount of an asset or liability recorded on the balance sheet, reflecting original cost adjusted for depreciation, amortization, and impairments.
Salvage Value
The estimated residual value of an asset at the end of its useful life.
Useful Life
The estimated time period that an asset is expected to be used before it is fully depreciated or deemed no longer useful.
Depreciation Expense
An accounting method of allocating the cost of a tangible asset over its useful life to reflect its decrease in value over time.
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