Examlex
Matisse called these works "drawing with scissors" because in them he concentrated on the contours of shapes.
Commercial Substance
A concept in accounting that occurs when the future cash flows or the economic circumstances of a transaction change as a result of the transaction.
Disposal
The act of getting rid of an asset through sale, trade, abandonment, or other methods, often resulting in the recognition of a gain or loss for accounting purposes.
Book Value
Book value is the net value of a company's assets as recorded on its balance sheet, often contrasted with market or actual value.
Annual Report
A comprehensive document detailing a company's activities and financial performance throughout the preceding year.
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