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Explain the science of DNA and discuss the effects of technological advances on DNA profiling.
Contra Account
An account used in accounting to reduce the value of a related account when the two are netted together, providing a clearer picture of financial status.
Fair Value
An estimate of the market value of an asset or liability, based on current prices in active markets.
Noncash Asset
An asset that is not cash or does not directly translate into cash in a short period, such as property, plant, and equipment.
Corporation
A legal entity that is separate and distinct from its owners, who are shareholders, and has its own rights and obligations.
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