Examlex
If a lower level person in a firm does something illegal,like "cooking the books" to understate costs and thereby increase profits above the correct profits ,ecause he or she was told to do so by a superior,the lower level person cannot be prosecuted but the superior can be prosecuted.
Land Held
Real estate owned by a person or entity, typically recorded as an asset on the balance sheet.
Corporate Headquarters
The main office or central administration location of a company where key managerial functions are coordinated.
Impaired
A term indicating that an asset's market value has decreased below its book value on the balance sheet, potentially indicating a loss of future benefits or productivity from that asset.
Long-Lived Asset
Assets that are expected to provide economic benefits to a company for a period longer than one year, such as buildings, machinery, and equipment.
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