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What movement used art to destroy art?
Net Realizable Value
The estimated selling price of goods minus the costs of their sale or disposal.
Conservatism Constraint
An accounting principle that provides guidance for uncertain conditions, advising to recognize expenses and liabilities sooner rather than later.
Historical Cost Principle
An accounting principle that states that assets should be recorded and reported at their original purchase cost.
Work in Process
Inventory that includes goods that are in the process of being manufactured but are not yet complete.
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