Examlex
Asch defined "central traits" as those traits that .
Fair Value
The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants.
Goodwill Impairment
A financial charge that occurs when the book value of goodwill exceeds its recoverable amount, indicating the asset is not as valuable as previously thought.
Acquisition Differential
The difference between the acquisition cost of an entity and the fair value of its net identifiable assets at the time of acquisition.
Land Account
An account on a company's balance sheet that represents the cost of land owned by the company without any depreciation applied, since land is considered to have an unlimited useful life.
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