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  2. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...

  3. Historical cost - Wikipedia

    en.wikipedia.org/wiki/Historical_cost

    If inventory with a historical cost of $100 is sold for $115 when it costs $110 to replace it, the profit recorded would be $5 only based on replacement cost, not $15; charging economic rent for assets, particularly property. If a business uses a 20-year-old property which it owns, depreciation on a historical cost basis might be insignificant.

  4. Dashboard - Wikipedia

    en.wikipedia.org/wiki/Dashboard

    Dashboard instruments displaying various car and engine conditions. Where the dashboard originally included an array of simple controls (e.g., the steering wheel) and instrumentation to show speed, fuel level and oil pressure, the modern dashboard may accommodate a broad array of gauges, and controls as well as information, climate control and entertainment systems.

  5. Roof insurance: ACV vs. replacement cost - AOL

    www.aol.com/finance/roof-insurance-acv-vs...

    For example, if the replacement cost — not the amount that you paid for it originally, but the amount it would cost to replace it today — for your roof is $20,000, but the roof loses 5 percent ...

  6. Basis of estimate - Wikipedia

    en.wikipedia.org/wiki/Basis_of_estimate

    A pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...

  7. New car replacement insurance - AOL

    www.aol.com/finance/car-replacement-insurance...

    Better car replacement vs. new car replacement: Some insurers offer better car replacement insurance, which compensates for your loss with a car that is one year newer and with 15,000 miles less ...

  8. Level of Repair Analysis - Wikipedia

    en.wikipedia.org/wiki/Level_of_Repair_Analysis

    Level of Repair Analysis (LORA) is ... The results of LORA are documented and used as the basis for development of the physical resources for support of the system ...

  9. Deprival value - Wikipedia

    en.wikipedia.org/wiki/Deprival_value

    Deprival value equals the lower of replacement cost and recoverable amount; and Recoverable amount is the higher of net selling price and value in use. An important practical implication of deprival value reasoning is that many assets will be stated at replacement cost, as entities tend to hold and use assets that they can employ profitably and ...