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The graphical interface, called a fourth-generation language, allows system developers to drag and drop objects to build programs and apps.
Depreciation Expense
Depreciation Expense denotes the allocation of an asset's cost over its useful life, reflecting the asset's consumption or decline in value.
Straight-line
A method of depreciation that allocates an equal expense amount to each period over the useful life of an asset.
Straight-line Depreciation
A method of allocating the cost of a tangible asset over its useful life, evenly distributing the depreciation expense each year.
Double Declining-balance
A method of accelerated depreciation where an asset’s value is reduced at double the rate of traditional straight-line depreciation.
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