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Rung No.2 tells the processor to set the preset time of the timer to:
Amortisation of Goodwill
The gradual write-off of the purchased goodwill of a company over time, reflected as a non-cash expense in the income statement.
Associate's Profit
The portion of profits attributable to a company's investment in an associate, typically accounted for using the equity method.
Equity Accounted Balance
A valuation method used in accounting for investments, where the investment is initially recognized at cost and subsequently adjusted for the investor’s share of the investee’s net assets changes, including profits and losses.
Profit/(Loss)
The financial result of a business's operations for a specific period, calculated as income minus expenses. If positive, it's a profit; if negative, a loss.
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