Examlex
Who does the Better Business Bureau serve and with what services?
Nonmonetary Asset
Nonmonetary assets are items of value owned by a company that cannot be directly converted into cash, such as property and equipment.
Book Value
The net value of a company's assets minus its liabilities, often used to assess whether a stock is under- or over-valued.
Sham Exchanges
Transactions with no substantive economic reality, designed to give the appearance of legitimate business activity, often for deceptive purposes.
GAAP
Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the United States for financial reporting.
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