Examlex
________ allows activities in different development stages to overlap with one another.
Depreciation Rates
Percentages or methods used to systematically reduce the book value of a tangible asset over its useful life.
Double-Declining-Balance
An accelerated depreciation method that doubles the straight-line depreciation rate, reducing the asset's book value more quickly.
Straight-Line
A method of calculating depreciation of an asset, which allocates an equal amount of depreciation each year over the asset's useful life.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
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