Examlex
What causes hydrocephalus?
Straight-Line Method
A depreciation technique where an asset's cost is evenly spread over its estimated useful life, resulting in equal annual depreciation expenses.
Partial-Year Depreciation
The calculation of depreciation for assets acquired or disposed of partway through the fiscal year, based on the portion of the year that the asset was in use.
Useful Life
The estimated period of time over which a tangible asset is expected to be useful for the purposes of the business.
Depreciable Cost
The original cost of a fixed asset minus its estimated salvage value, representing the amount subject to depreciation over the asset's useful life.
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