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What is the salience effect?
Units-Of-Production Method
A depreciation technique that calculates an asset's expense based on its usage, output, or production, rather than the passage of time.
Straight-Line Method
A method of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.
Scrap Value
The estimated resale value of an asset at the end of its useful life, also known as salvage value.
Units-Of-Production Method
An approach to depreciation that allocates the cost of an asset over its useful life based on its output or usage, rather than the passage of time.
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