Question
Determine the following: 1. Another term used for DECLINING BALANCE 2. Price that can be obtained from the sale of a property after it has
Determine the following:
1. Another term used for DECLINING BALANCE
2. Price that can be obtained from the sale of a property after it has been used
3. Means a reduction of usefulness of assets due to technological changes or change in market demand
4. Assumes that the loss in value is directly proportional to the age of the property
5. Refers to the first cost plus any other depreciable costs that make the asset ready for operation
6. Measure the reduction in value of intangible assets
7. Is the depreciable life of the asset in years
8. Depreciation due to the lessening of the physical ability of a property to produce results
9. Method applied for measuring allocation of fall in value of assets with constant annual charge
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