Examlex

Solved

Explain Why the Cloud Is Described as Elastic and Pooled

question 34

Essay

Explain why the cloud is described as elastic and pooled.


Definitions:

Straight-line Depreciation

A method of calculating the depreciation of an asset, which assumes the asset depreciates evenly over its useful life.

Salvage Value

The estimated residual value of an asset after its useful life has ended and it can no longer be used for productive purposes.

Depreciable Cost

The total amount of an asset's cost that can be depreciated over its useful life, excluding salvage value.

Double-declining-balance

A method of accelerated depreciation that doubles the normal depreciation rate.

Related Questions