The cost of an asset less its residual value is referred to as its:

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The cost of an asset less its residual value is the depreciable amount, as this is the portion of the asset's cost that can be depreciated over its useful life. The book value refers to the value of the asset on the company's balance sheet and takes into account any accumulated depreciation. The residual amount refers specifically to the value of an asset at the end of its useful life. The carrying amount is similar to book value, but may include additional adjustments for impairment or revaluation.

The Cost of an Asset Less Its Residual Value Is