Examlex
________ is/are the principal SSUs in the economy.
Residual Value
The estimated value of an asset at the end of its useful life.
Component Depreciation
The practice of depreciating parts of an asset separately in order to more accurately reflect their useful lives and value.
Land Improvements
Enhancements made to a parcel of land to increase its value, such as landscaping, fencing, and paving.
Personal Property
Personal property encompasses any movable property that is not attached to or associated with real estate, such as vehicles, furniture, and electronic devices.
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