Examlex
Inexpensive video cameras may be used for ____ facial recognition.
Intangible Assets
Non-physical assets that have value, such as patents, copyrights, trademarks, and goodwill.
Amortization Expense
Amortization expense is the gradual charging to expense of the cost of an intangible asset over its useful life.
Useful Life
The estimated timeframe that an asset is expected to be usable for its intended purpose.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that serves as a global framework for financial statements.
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