Examlex
The authors guess that taxes would probably have been ________ if the Founders had adopted a parliamentary system in America.
Capitalized
Refers to recording an expense or cost as an asset on the balance sheet, rather than as an expense on the income statement, to spread out the expense over its useful life.
Long-Lived Assets
These are tangible or intangible assets that a company expects to use for more than one year, including property, plant, and equipment.
Economic Benefits
The gains derived from actions or decisions, typically measured in terms of revenue or income generated or costs saved.
Service Potential
The capacity or capability of an asset, especially a non-financial asset, to provide services or benefits over its useful life.
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