Examlex
What is a collection of large complex data sets that cannot be analyzed using traditional database methods and tools?
Initial Cost
The original cost of acquiring an asset, including the cost of purchase and other expenses necessary to get the asset ready for its intended use.
Book Value
The value of an asset as it appears on a balance sheet, calculated by subtracting any associated depreciation or amortization from its original cost.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was put into service, reducing its book value on the balance sheet.
Machinery
Equipment or devices that perform specific tasks, often used in production and manufacturing processes.
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