Examlex
Jim Zanders, a trained engineer, is a salesperson for a chemical manufacturer. He provides current customers with advice about a product's characteristics and applications. He is a(n) :
Direct Increase
An increase in the value or quantity of an asset or account directly due to additional investments or improvements, rather than through earnings.
Capital Assets
Long-term assets acquired for use in business operations, expected to be used or held for more than one financial period.
Capitalized
Costs that are recognized as part of an asset on the balance sheet rather than being expensed, often related to the acquisition or construction of a long-term asset.
Amortized
The process of gradually writing off the initial cost of an asset or loan over a period of time in a systematic and rational manner.
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