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People with an intuitive-thinking style of problem solving like solving new problems, dislike routine, and would rather look for possibilities than work with facts.
Depreciable Asset
An asset subject to depreciation, which allows for the allocation of its cost over its useful life, reflecting wear and tear, or obsolescence.
Asset Benefits
The economic benefits that accrue to the owner of an asset over its useful life, including cash flows and tax advantages.
Expensed
Costs or charges incurred during a specific period that are recorded immediately against revenues, reducing profit.
Depreciable Amount
The cost of a tangible or intangible asset, less its salvage value, over which the cost is systematically allocated over its useful life.
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