Examlex
Preselling is a testing technique to book orders for a product before it is developed.
Equity Method
An accounting technique used to record investments in other companies by recognizing the investor's share of the earnings of the investee.
Non-current Assets
Assets that are intended for use over a long-term period, usually more than one year, such as property, plant, and equipment.
AASB 12/IFRS 12
Refers to the disclosure of interests in other entities, providing requirements on the disclosure of interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities.
Unrecognised Share of Losses
Losses attributable to an investor’s share in an investee that are not reflected in the investor’s financial statements because they exceed the investor's interest in the investee’s equity.
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