Examlex
Higher unemployment rates are linked with higher crime rates and higher rates of physical and
mental illness.
Purchase Date
The specific date on which an asset is acquired or a financial transaction is completed.
Useful Life
The estimated period over which an asset is expected to be utilized by an entity, affecting its depreciation or amortization rates.
Carrying Amount
The value at which an asset or liability is recognized on the balance sheet after deducting any accumulated depreciation, impairment, or amortization.
Technology
The application of scientific knowledge for practical purposes, specifically in industry and commerce, including the development and use of digital tools and systems.
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