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According to pluralist theorists, democratic values can be preserved in a system of multiple, competing elites who determine public policy through a process of bargaining and compromise.
Straight-Line Depreciation
A depreciation technique that allocates an equal amount of depreciation each year over the asset's useful life.
Residual Value
The estimated amount that an asset is expected to sell for at the end of its useful life, subtracting any disposal costs.
Impairment Loss
A recognized reduction in the recoverable amount of an asset, indicating that its market value has dropped below its book value on the balance sheet.
Double-Declining-Balance
A method of accelerated depreciation which doubles the regular depreciation amount.
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