Examlex
GIS map automation links business assets to a centralized system where they can be tracked and monitored over time.
Useful Life
At the time an asset is acquired, an estimate is made of its usefulness in terms of years, output, and so forth.
Office Equipment
Assets like computers, printers, and furniture used in an office to perform business operations.
Units-Of-Production
A depreciation method that allocates cost based on the units produced by an asset over its useful life.
Depreciation Method
A systematic approach used to reduce the carrying amount of a tangible or intangible asset over its useful life.
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