Examlex
The generally accepted definition of intelligence is the overall capacity to act purposefully, to think rationally, and to adapt to one's surroundings.
Statement of Comprehensive Income
A financial statement that presents a company's total income and expenses, including items that have not been realized, providing a complete picture of its overall financial performance.
Goodwill Impairment
A charge that occurs when the market value of goodwill, an intangible asset, drops below its recorded value on the balance sheet, indicating diminished business value.
Discontinued Operation
A component of a business that has been sold, disposed of, or is held for sale, and is reported separately in financial statements.
Consolidated Financial Statements
Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single economic entity.
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