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Define backup and recovery and explain the importance of the disaster recovery cost curve to an organization.
Straight-Line Depreciation
A method of allocating an asset's cost evenly across its useful life.
Useful Life
The estimated time period that an asset is expected to be usable for the purpose it was acquired, influencing depreciation calculations and capital budgeting.
Straight-Line Method
A method of calculating depreciation of an asset by evenly spreading its cost over the expected useful life of the asset.
Depreciation Expense
The portion of the cost of a fixed asset that is considered an expense due to its wear and tear over a specific period.
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