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To be assertive in your communication, you should:
Amortization Expense
The systematic allocation of the cost of an intangible asset over its useful life.
Fair Value
The proceeds from liquidating an asset or the fees involved in transferring a liability during a regular transaction with engaged market members on the bookkeeping date.
Undervalued Patent
A patent that is recognized at a market value lower than its potential earning power or its replacement cost.
Partial Equity Method
A method of accounting for an investment, where the investor recognizes its share of the investee's profits but not its losses to the extent of the investment's carrying amount.
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