Examlex
If 100,000 people are exposed to an advertisement, the total gross impressions are 100,000 regardless of whether the people actually watched the ad or not.
Professional Judgement
The application of knowledge, expertise, and experience to make informed decisions within the context of professional practices.
Net Realisable Value
The estimated selling price of an asset in the ordinary course of business minus any costs associated with its sale or disposal.
Fair Value
A market-based measurement that represents the price at which an asset could be exchanged or a liability settled between knowledgeable, willing parties in an arm's length transaction.
Normative Theories
Theories that prescribe how the world should be or how ethical dilemmas should be resolved, based on values and principles.
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