Accelerated-depreciation method
Accelerated-depreciation method is a depreciation method that produces higher depreciation expense in the early years than in the later years.
Category: Accounting & Auditing
More from this Section
- Bank reconciliation
Bank reconciliation is the process of comparing the bank’s balance of an account with ... - Labor price variance
Labor price variance is the difference between the actual hours times the actual rate ... - Decentralization
Decentralization means that the control of operations is delegated to many managers throughout ... - Cost center
A cost center refers to a responsibility center that incurs costs (and expenses) but does ... - FICA Taxes
In 1937 Congress enacted the Federal Insurance Contribution Act (FICA). FICA taxes are ...