Examlex
How much detail does the Constitution provide about the requirements for federal judicial service compared to the requirements to serve as president or in Congress?
Sum-Of-The-Years'-Digits
A method of accelerated depreciation calculating an asset's depreciation expense based on its remaining useful life, leading to higher depreciation charges in the early years.
Depreciation Expense
Depreciation expense is the charge recognized in each accounting period for the cost of an asset's decline in value due to use or obsolescence over time.
Residual Value
The estimated value of an asset at the end of its useful life, relevant in depreciation calculations and lease contracts.
150%-Declining-Balance
A method of accelerated depreciation which computes depreciation expense at 150% of the straight-line rate.
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