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To be effective, speakers should add a two-second pause
Double-declining-balance
A method of accelerated depreciation where the depreciation expense decreases over time, doubling the rate of straight-line depreciation.
Salvage Value
The forecasted resale price of an asset at the end of its service life.
Depreciation Expense
An accounting method used to allocate the cost of a tangible or physical asset over its useful life, reflecting wear and tear, deterioration, or obsolescence of the asset.
Straight-line Method
A method of calculating depreciation for an asset, spreading the cost evenly over its useful life.
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