Examlex
Instructions: Identify the terms and briefly state their historical significance.
Chang'an
Grading
The process of assessing or classifying the quality, size, or performance of different items or individuals.
Land Improvements
Land improvements include alterations or enhancements made to a piece of land to increase its value or utility, such as landscaping or adding parking lots.
Buildings
Fixed assets that refer to structures used for business operations, such as offices, factories, and warehouses, represented on the balance sheet and subject to depreciation.
Land
A fixed asset representing the ownership of physical real estate or ground, not depreciated over time in accounting practices.
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