Examlex
Why are search strategies for extraterrestrial life usually based on a carbon chemistry?
Equity
The value of an ownership interest in property, including shareholders' ownership in a company.
Accounting Equation
The fundamental principle of accounting stating that Assets = Liabilities + Equity.
Measurement Principle
A financial accounting principle that determines the specific basis (historical cost or fair value) on which assets and liabilities are recorded in the financial statements.
Actual Cost
The incurred cost that reflects the real financial expenditure on a project, purchase, or activity.
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