Examlex
How did two graduate students discover that the bursa of Fabricus (BF) is what produces the cells necessary for antibody-mediated immunity in chickens?
Market
A place or platform where buyers and sellers meet to trade goods, services, or financial instruments.
Lower-of-cost-or-market
An accounting principle that requires inventory to be recorded at the lower of its original cost or current market value, ensuring assets are not overstated on the balance sheet.
Balance Sheet
A documentation of a company’s financial position, showcasing assets, liabilities, and the equity held by shareholders at a particular instance.
Lower-of-cost-or-market
An accounting principle that valuables inventory at the lower cost between the original purchase cost and its current market price.
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