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The horizontal axis in a graph
Impairment Test
An examination to determine if an asset's carrying amount exceeds its recoverable amount, and if so, to measure the amount of impairment loss.
Book Value
A financial measurement that calculates the value of a firm's equity as it appears on the balance sheet by subtracting liabilities from assets.
Fair Value
The estimated price at which an asset or liability could be traded in an orderly transaction between market participants at the measurement date.
Consolidation Elimination
The process of removing intra-group transactions and balances from the consolidated financial statements of a group of companies.
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