Examlex
What was the principal bureaucratic change that occurred during the New Deal?
Units-of-production
A depreciation technique that distributes an asset's expense over its lifespan according to the quantity of units manufactured.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against a fixed asset since it was put into use.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Double-declining-balance
A method of accelerated depreciation calculating a larger depreciation charge in the first year of an asset's life and progressively smaller charges in subsequent years.
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