Examlex
An emphasis of the American Nurses Credentialing Center (ANCC) Magnet Hospital Designation Program for Excellence in Nursing is
Depreciation Method
A systematic approach used to allocate the cost of a tangible asset over its useful life.
Double Declining-Balance
An accelerated method of depreciation which doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.
Straight-Line Method
A technique for calculating an asset's depreciation by uniformly distributing its cost throughout its anticipated lifespan.
Residual Value
Residual value is the estimated value of an asset at the end of its useful life.
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