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If the speed limit is 40 miles per hour, calculate the speed limit in kilometres per hour. (1 km = 0.6214 miles)
Classify
The process of organizing or categorizing items, events, or transactions based on common characteristics or rules.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide how company transactions and other events need to be reported in financial statements.
Revaluation
The process of adjusting the book value of an asset to reflect its current market value.
Intangible Assets
Assets that cannot be physically touched or seen but hold value, such as copyrights, trademarks, and patents.
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