Examlex
The most essential ingredient in encouraging ethical behavior in an organization is letting employees dictate ethical norms.
Retained Earnings
The portion of a company's profits that is kept or retained rather than paid out as dividends to shareholders, often used for reinvestment in the business.
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation expense that has been recorded for an asset over its life up to the current date, reflecting its usage and wear.
Measurement Alternative
An accounting option that allows companies to report certain financial assets or liabilities at their fair market value rather than their historical cost.
Historical Cost
A valuation principle under which assets and liabilities are recorded at their original purchase price, without adjustment for inflation or market changes.
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