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According to Rogers, what are the consequences of using distortion and denial?
Net Realizable Value
The estimated selling price of goods, minus the costs of their sale or disposal, used in accounting to determine the value of an asset in the balance sheet.
Unrealized Loss
A decrease in the value of an investment or asset that has not been sold, hence the loss has not been realized.
Fair Value Adjustment
A correction made to the reported value of an asset or liability to align it with its market value.
Discounted Note
A debt instrument that is sold or issued for less than its face value and whose return comes from the difference between the purchase price and the face value paid at maturity.
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