Examlex
An induction motor becomes an induction generator when driven by a prime mover such as a wind turbine.
Future Cash Inflows
Expected receipts of cash in the future from investments, operations, or financing activities.
Asset's Value
The worth of an asset, calculated based on factors such as market value or depreciation.
Level 3 Inputs
Valuation inputs for assets or liabilities that are not based on observable market data, often involving significant management judgment or estimation.
GAAP Disclosures
Required information in financial statements that clarifies and provides context to the reported figures, following Generally Accepted Accounting Principles.
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