Examlex
Remote sensing means to measure the properties of the environment in remote locals by conducting field work and collecting samples.
Salvage Value
The foreseen remaining value of an asset at the culmination of its viable life.
Useful Life
The expected period over which a fixed asset is anticipated to be usable by an entity, after which it will no longer be efficient or effective.
Double-Declining-Balance
A method of accelerated depreciation that calculates depreciation expenses by doubling the straight-line rate.
Accumulated Depreciation
The cumulative sum of depreciation expense assigned to a physical asset since its initial use, representing its cost allocation.
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