Examlex
What controls the shape of the lens?
Straight-Line Method
A method of calculating depreciation of an asset by evenly spreading the cost over its useful life.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that are globally accepted.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
Straight-Line Method
A depreciation technique that allocates an equal portion of the cost of an asset to each year of its useful life.
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