Examlex
A physical agent,such as exposure to ultraviolet light for an extended period of time,or a biological agent,such as a virus,may cause cancer.These agents are referred to as:
Scrap Value
The forecasted selling price of an asset following the expiration of its effective life.
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.
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