Examlex
Which of the following statements is TRUE?
Linear Depreciation
A method of allocating the cost of a tangible asset over its useful life in a linear, or evenly spread, manner.
Depreciates
To decrease in value over time, typically used in reference to assets or property.
Bicycle
A human-powered, pedal-driven vehicle with two wheels attached to a frame, one behind the other.
Parallel
Describes lines, planes, or surfaces that are always the same distance apart and never intersect.
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