Examlex
Independent tests have found polygraphs to be _____ percent accurate.
Fair Value
An estimated market value of an asset or liability, derived from current prices in an active market.
Amortization
The act of gently reducing the initial value of an intangible asset over the time it benefits the entity.
Goodwill Impairment
An accounting process where the recorded value of goodwill is adjusted downward if it exceeds the fair value.
Qualitative Assessment
An evaluation process that focuses on non-quantifiable factors such as quality of management or brand reputation.
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