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Positioning statements should
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
Straight-Line Method
A depreciation technique that allocates an equal portion of the cost of an asset to each year of its useful life.
U.S. GAAP
In the United States, the Generally Accepted Accounting Principles represent a standard set of guidelines for financial accounting.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value over time.
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