Examlex
Group norms are:
Capital Assets (Net)
Capital Assets (Net) are long-term assets minus accumulated depreciation, representing the net amount that reflects the value of the assets that a company uses in its operations over time.
Functional Currency
The primary currency used by a business for its accounting, often associated with its primary economic environment.
Amortization
The method of slowly depreciating the initial value of an intangible asset over its lifetime.
Exchange Rates
The price at which one currency can be exchanged for another currency.
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