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If
for a matrix
, and
is a one-to-one linear transformation, then the number of columns of
is less than or equal to the number of rows of
.
Non-Monetary Items
Items that are measured at historic cost rather than their current monetary value, such as property, plant, and equipment.
Functional Currency
The currency of the primary economic environment in which an entity operates, usually the local currency or the currency of the country where it primarily generates and expends cash.
Fair Value
The proceeds from selling an asset or the financial burden of a liability transfer in a civilized negotiation with market participants on the valuation date.
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