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Repetition often implies monotony,yet it also creates a sense of
Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear over time.
Double-Declining-Balance Method
A form of accelerated depreciation method where an asset's book value is reduced at double the rate of its straight-line depreciation.
Units-Of-Production Method
A depreciation method that allocates an asset's cost based on its usage, output, or units of production rather than the passage of time.
Units-Of-Output Method
A depreciation method where the expense is calculated based on the units produced by the asset.
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