Examlex
Which of the following programming languages could be used for OOAD?
Revaluation
The process of adjusting the book value of an asset to reflect its current fair market value.
Journal Entries
Records of financial transactions in the accounting system of a business, ensuring all financial transactions are accounted for.
Equity Method
An accounting technique used to record investments in associate companies, reflecting the investor's proportional share of the investee's net income or loss.
Carrying Amount
The value at which an asset or liability is recognized on the balance sheet, calculated as historical cost minus accumulated depreciation or amortization and impairment losses.
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