Examlex
Control refers to the customer's ability to access information on the Internet with simple clicks on a keyboard.
Sum-Of-The-Years-Digits
A depreciation method that accelerates the rate of depreciation, basing it on a fraction that decreases annually.
Scrap Value
The estimated resale value of an asset at the end of its useful life.
Heavy Equipment
Larger, more specialized pieces of machinery used in construction, mining, and heavy industry, such as bulldozers, cranes, and excavators.
Sum-Of-The-Years-Digits
A depreciation method that results in a more accelerated write-off of assets than the straight-line method, involving adding the digits of the years of an asset's useful life.
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