Examlex
What technique is used in the following definition: "RADAR originally stood for 'radio detection and ranging,' but these days it is rarely used as an acronym and instead appears as the noun radar"?
Adjustment for Depreciation
The accounting process of allocating the cost of a tangible asset over its useful life to account for the reduction in value over time.
Balance Sheet
A financial statement that displays a company's financial position at a specific point in time, showing assets, liabilities, and equity.
Assets
Resources owned by a company that have economic value and can provide future benefits, such as cash, inventory, and property.
Deferred Revenue
Income a company has received for its products or services but has not yet earned, often considered a liability until the service is provided or product delivered.
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