Examlex
Which of the following is not an example of a level 2 input?
Depreciation Method
A systematic approach to allocating the cost of a tangible asset over its useful life.
Financial Statements
Formal records of the financial activities and position of a business, person, or other entity, including balance sheet, income statement, and cash flow statement.
Income Taxes
Taxes levied by the government on income generated by businesses and individuals within their jurisdiction.
Units-Of-Output
A depreciation method where the expense is based on the number of units produced or the machine hours used during the period.
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