Examlex
Virtually all personal computers come with a(n) ____ that is used to store most programs and data.
Depreciation Expense
The portion of a fixed asset's cost allocated to expense across its useful life, reflecting the asset's consumption or decline in value.
Straight-Line
An approach where the expense of an asset is uniformly allocated across its lifespan to calculate depreciation.
Double-Declining-Balance
A depreciation technique that increases the standard rate of depreciation twofold, thus diminishing an asset's value at a faster pace.
Units-of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces or hours it operates.
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