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Match each statement with the correct item below.
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Units-Of-Output Method
A depreciation method where the expense amount is based on the units of production or use of the asset during the period.
Residual Value
Residual Value is the estimated value that an asset will realize upon its sale at the end of its useful life, crucial for calculating depreciation for assets.
Salvage Value
Salvage value is the estimated resale value of an asset at the end of its useful life, used in calculating depreciation expenses.
Maintenance Costs
Expenses incurred to keep property, equipment, or software operational and in good working condition.
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