Examlex
Which of the following is true of distributed databases?
Estimated Useful Life
The expected period during which an asset is predicted to be usable for the purpose it was acquired.
Depreciation Expense
An accounting method to allocate the cost of a tangible asset over its useful life to represent wear and tear over time.
Straight-Line Method
A method of calculating depreciation that spreads the cost of an asset evenly over its useful life.
Gain or Loss
The financial result from selling assets or settling liabilities at amounts different from their carrying amount, showing either a profit (gain) or deficit (loss).
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