Examlex
Tangible costs include which of the following?
Depreciation Method
A systematic approach for allocating the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.
Residual Value
The estimated value that an asset will have at the end of its useful life, often considered for depreciation calculations.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life to represent the loss of value over time.
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