Examlex
Under the ________ model,organizations "rent" resources such as processing,data storage,or networking from an external provider on an as-needed basis and pay only for the services used.
Units-Of-Production Depreciation
A depreciation method that allocates expense based on the actual usage or production of an asset.
Salvage Value
The anticipated worth of an asset at the conclusion of its effective life.
Service Life
The estimated use period or duration over which an asset is expected to be economically usable by one or more users, with proper maintenance and repairs.
Operational Use
The application or employment of resources, processes, and procedures to perform its intended functions or tasks within a business.
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