Examlex
Which machine language is difficult for people to understand?
Long-lived Asset
An asset with a useful life longer than one year, typically including property, plant, and equipment, used in the operation of a company.
GAAP
The standard set of guidelines for financial accounting known as Generally Accepted Accounting Principles, used primarily within the United States and other jurisdictions.
Replacement Cost
The cost to replace an asset of a company at the present time, according to its current worth.
Asset Values
The monetary worth placed on assets, considering factors such as market value, cost, and depreciation.
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