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Amortization
The process of gradually writing off the initial cost of an intangible asset over its useful life.
Goodwill
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in a business combination. It reflects intangible assets like brand reputation and customer relationships.
Inventoriable Costs
Costs associated with obtaining or manufacturing products intended for sale, which become part of a company’s inventory.
Computer Software
Refers to programs and other operating information used by a computer to perform specific tasks.
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