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Sum-Of-The-Years'-Digits Method
A depreciation method that accelerates the expense recognition, basing the depreciation for each year on a decreasing fraction of the depreciable amount.
Benefits Decline
A situation where the advantages or value derived from an asset or service decrease over time.
Depreciable Base
The cost of an asset less its salvage value, representing the total amount that can be depreciated over its useful life.
Residual Value
Residual value is the estimated value of an asset at the end of its useful life, reflecting what it could be sold for or its salvage value.
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