Examlex
Which of the following is similar in meaning to objective responsibility?
CCA Class
Denotes the category of depreciable property a business asset falls into in Canada, determining the rate of depreciation for tax purposes.
Net Advantage to Leasing
The total financial benefit of leasing an asset, comparing the costs of leasing versus buying.
Resale Value
The estimated market value at which an asset can be sold in the future.
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