Examlex
Which of the following statements about science is most accurate?
Cash Proceeds
The amount of money received from transactions such as sales, financing, or the sale of assets.
Amortization
Amortization is the process of spreading the cost of an intangible asset over its useful life, similar to depreciation but for non-physical assets.
Gain
The financial benefit that occurs when the selling price of an asset exceeds its purchase price or carrying value.
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