Examlex
The DRI are international guidelines that are used around the world.
Remaining Useful Life
The estimated time period that an asset is expected to be functional and economically viable.
Gain on Disposal
The financial profit made from selling or disposing of a fixed asset for more than its book value.
Accumulated Depreciation
The total depreciation expense charged for an asset since it was put into use, reflecting its loss of value over time.
Replacement Cost
The current cost of replacing an asset with a similar new asset, reflecting the current market conditions and prices.
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