Examlex
What is a fusion center?
Asset Retirement Obligation
A legal obligation associated with the retirement of a tangible long-lived asset, where the entity is required to remove or dispose of the asset.
Contra-Liability Account
An account that decreases the balance of a related liability account, representing a credit balance in the liability section of the balance sheet.
Continuing Operations
The segments or activities of a business that are expected to continue for the foreseeable future, excluding discontinued operations.
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