Examlex
Cascade Update Related Fields automatically updates the data in the primary key field when the matching foreign key field is changed.
Useful Life
The period over which an asset is expected to be usable by an entity, affecting its depreciation or amortization.
Straight-line Method
A method of calculating depreciation of an asset where the cost is evenly allocated over its useful life, resulting in a consistent expense each period.
Accounting Standards
Rules and guidelines set by authoritative bodies that dictate how financial transactions and statements should be reported and maintained.
Dividends
Payments made by a corporation to its shareholders, usually as a distribution of profits.
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