Examlex
The technique of _____ produced a greater range of colored glass for artists to use.
Cost Model
An accounting method where an asset is valued based on the historical cost minus any accumulated depreciation and impairment costs rather than its current market value.
Initial Recognition
refers to the first time an entity records an asset, liability, equity, income, or expense based on its recognition criteria in the accounting records, establishing its inclusion in the financial statements.
Accumulated Depreciation
The total amount of depreciation expense that has been charged against an asset over its life up to a specific date.
Impairment Losses
Losses recognized when the carrying amount of an asset, or a cash-generating unit, exceeds its recoverable amount.
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