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The professional model of policing places a high value on the use of technology.
Franchise Account
An account that represents the financial rights and obligations between a franchisor and franchisee, including initial fees and ongoing royalties.
Preproduction Prototypes
Prototypes developed during the preproduction phase, which are used for testing and validation before full-scale production begins.
Successful Patent Application
The approval and granting of a patent by a patent office, providing legal protection for an invention, its process, or design.
Fair Value Concept
An accounting principle that assesses assets and liabilities at their current market value rather than their historical cost.