Examlex
Single-factor authentication requires the user to provide two means of authentication, what the user knows (password) and what the user has (security token).
Impairment Loss
The reduction in the recoverable value of an asset below its carrying amount, necessitating an adjustment on the financial statements.
Cost Method
An accounting method used to record investments, where the investment is recorded at cost and income is recognized only when dividends are received.
Sales Revenue
The total amount of income generated by the sale of goods or services related to a company's primary operations.
Consolidated Income Statement
A financial statement that combines the income, expenses, and profits of a parent company and its subsidiaries.
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