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Cultural relativism in its strongest form holds that appropriate behavior in a country or culture is determined by its own laws and customs
Non-Current Assets
Long-term assets that are expected to provide economic benefits beyond the next fiscal year, such as property, plant, and equipment.
Depreciable Non-Current Asset
A long-term asset subject to depreciation, reflecting its usage, wear and tear, or obsolescence over time, leading to a reduction in its book value.
NCI Share
NCI Share, or Non-Controlling Interest Share, represents the equity in a subsidiary not attributable, directly or indirectly, to the parent company.
Useful Life
The estimated period over which a fixed asset is expected to be usable by an organization, affecting depreciation calculation.
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