Examlex
The perceptual system is:
Salvage Value
The estimated resale value of an asset at the end of its useful life, often considered during depreciation calculations.
Double-Declining Balance
A method of accelerated depreciation where an asset’s book value is decreased at double the rate of its straight-line depreciation.
Straight-Line
A method of calculating depreciation or amortization by dividing the cost of an asset equally over its useful life.
Double-Declining Balance
A method of accelerated depreciation that doubles the normal depreciation rate, reducing the value of an asset more quickly in its early years.
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