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Describe the three steps for derecognition of a financial liability prior to maturity.
Motorcycles
Two-wheeled vehicles that are powered by an engine, often used for transportation, recreation, or sport.
Manufacturing Sector
The segment of the economy dedicated to the production of goods through processing, transforming, or assembling raw materials.
Basic Materials
These are raw materials, including minerals, metals, and agricultural products, that are used in the production of goods across various industries.
Finished Products
Goods that have completed all stages of production and are ready for sale or distribution to consumers.
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