Examlex
Chalmers argues for a theory of mind known as "property dualism" (also "nonreductive materialism" and "naturalistic dualism"). In this view, mental states, or properties, are distinct from physical properties, and arise from the physical properties without being reducible to, or identical to, them (and without being some kind of Cartesian substance). Philosophers like to say that this relationship between the mental and physical is one of supervenience-that is, mental properties supervene on the physical ones. This means that something possesses a mental property in virtue of having a physical property. The mental property depends on the physical one, arises from it, but is not identical to it. If true, reductive materialism must be false. "This failure of materialism," says Chalmers, "leads to a kind of dualism: there are both physical and nonphysical features of the world." Mental properties are features of the world that are "over and above the physical features of the world."
-Chalmers says that science shows that the physical world is more or less causally closed.
U.S.GAAP
Generally Accepted Accounting Principles in the United States, a collection of financial reporting standards utilized in the U.S. for accounting purposes.
IFRS
The International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB), aimed at making global financial reporting more transparent and comparable.
OCI
Other Comprehensive Income, which includes revenues, expenses, gains, and losses that are not included in net income and directly affect shareholders' equity.
Weighted-Average Method
An inventory costing method that calculates the cost of goods sold and ending inventory based on the average cost of all items available for sale during the period.
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