Examlex
Describe the different forms of terrorism.
Extraordinary Item
Rare and significant events that are both unusual and infrequent in nature, whose financial effects are separated out on a company's income statement to provide clearer results.
Discontinued Component
A segment or unit of a business that has been sold or terminated, which is reported separately in the financial statements.
Book Values
The net value of an asset according to its balance sheet account balance, calculated as the original cost minus accumulated depreciation, depletion, or amortization.
GAAP
The set of rules and standards designed to ensure consistency, transparency, and integrity in financial reporting and accounting practices.
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