Examlex
________ describe the transformation occurring within the lowest level of the data flow diagrams.
Research and Development
The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.
Intangible Assets
Non-physical assets that possess value due to their intellectual or legal rights and advantages (e.g., patents, trademarks).
Goodwill
An intangible asset that arises when a business is acquired for more than the fair market value of its net assets, representing the value of the business's reputation, brand, and other unquantifiable assets.
Intangibles
Assets that lack physical substance but possess value, such as patents, trademarks, and goodwill.
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