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Personality traits that contribute to happiness and well-being have been scientifically studied by Martin Seligman and Christopher Peterson, who are proponents of __________ psychology.
Straight-line Depreciation
A technique for distributing the expense of a physical asset across its lifespan in uniform yearly sums.
Plant Asset
An asset used in the operations of a business that is not intended for sale to customers and is referred to as property, plant, and equipment (PP&E) in accounting.
Adjusting Journal Entries
Journal entries made at the end of an accounting period to update certain accounts and ensure they accurately reflect the financial status of the business.
Double-Declining-Balance
A method of accelerated depreciation that doubles the regular depreciation rate, reducing the value of an asset more quickly in its earlier years.
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