Examlex
In English, we have relatively few words for family members, and many are not distinguished by gender. For example, we have "aunt" and "uncle" but only "cousin," no specific words for male cousin and female cousin. Other languages, however, have many more words for specific family members. Hindi, for example, has specific words for your father's younger brother, your father's elder brother, your father's sister's husband, your mother's brother, and your mother's sister's husband--all of which are simply "uncles" in English. Analyze the relationship between culture and language using this example.
Book Value
The net value of a company's assets, as recorded on the balance sheet, minus its liabilities and intangible assets.
Financial Statements
Documents that present the financial activities and conditions of a business or entity, including the balance sheet, income statement, and cash flow statement.
Basic Assumptions
Fundamental accounting principles that underpin the preparation and presentation of financial statements.
Principles
Fundamental truths or propositions that serve as the foundation for a system of belief or behavior or for a chain of reasoning.
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