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If you want to increase the relevance of your job to the organization, what should you do?
Residual Value
The estimated value of an asset at the end of its useful life, often used in calculating depreciation.
Modified Accelerated Cost Recovery
A tax depreciation system in the United States that allows the accelerated write-off of property under certain categories for tax purposes.
Tax Act of 1989
Legislation enacted to amend, revise, or change the tax laws existing at that time, specific to a given jurisdiction.
Depreciation Method
A methodical strategy for distributing the expense of a physical asset across its lifespan.
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