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Pepsi CEO Indra Nooyi was named to "The Fifty Most Powerful Women in the World" by magazine.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded against an asset since it was acquired, up to a specific date.
Expense Recognition
The accounting principle of matching expenses with revenues in the period in which they are incurred to generate those revenues, ensuring accurate financial reporting.
Insurance Premium
The amount paid periodically to an insurer by the insured for covering their risk.
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