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Both the #ifndef and #ifdef directives permit conditional compilation in that the statements immediately following these directives, up to either the #else or #endif directives, are compiled only if the condition is true, whereas the statements following the #else are compiled only if the condition is false.
Book Value
Book Value refers to the net value of a company or an asset calculated by total assets minus intangible assets (patents, goodwill) and liabilities, used to estimate the value of a company on its balance sheet.
Commercial Substance
A characteristic of transactions that indicates a change in future cash flows as a result of economic activities, leading to a real economic impact.
Asset Improvements
Expenditures made to increase the useful life, efficiency, or productive capacity of an asset, typically capitalized and amortized over time.
Ordinary Maintenance
Refers to routine upkeep and repairs necessary to maintain assets in their current condition without improving or extending their life.
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