Examlex
Luisa has just joined a community centre program, where she will be instructing older adults in computer skill development.What is this program an example of?
Average Net Property
This term typically refers to the average value of a company's property, plant, and equipment net of depreciation, over a certain period of time.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Estimated Useful Life
The expected period over which a company anticipates deriving benefits from an asset before it becomes obsolete or too costly to maintain.
Units-Of-Production Depreciation
A depreciation method that allocates the cost of an asset over its useful life based on its output or usage rather than the passage of time.
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