Examlex
If a plant asset is retired before it is fully depreciated and no salvage value is received
Preliminary Steps
Initial actions or measures taken as preparation for a more significant process or project.
Doctrine
A principle or set of principles laid down by an authority as incontrovertibly true.
Ultra Vires
An act or decision made by an entity that is beyond the scope of its authority, often considered invalid or illegal.
Ultra Vires
Acts conducted by a corporation that lie beyond the powers conferred to it by its corporate charter or the law.
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