Examlex
Which characteristics of asteroids are used to classify them?
Discontinued Item
Pertains to the gains or losses from operations of a component of a business that has been disposed of or is held for sale.
Intangibles
Assets that do not have physical form, such as patents, trademarks, and goodwill, but are valuable to a business.
Amortized Cost
The accounting method that gradually reduces the book value of an intangible or tangible asset through periodic charges to income.
IFRS
International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that outline how financial statements should be prepared and disclosed.
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