declining balance depreciation method

A method of computing the annual depreciation allowance by multiplying the asset’s undepreciated cost each year by a uniform rate that may not exceed double the straight-line rate or 150 percent.

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词条贡献者

法律翻译Jian，毕业于新加坡知名法学院，专注翻译各类与证券诉讼有关的法律文件。