Examlex
Promotional campaigns that a retailer plans for customers through manufacturer trade incentives are:
Property Tax Payable
A liability representing taxes due on the property owned by an individual or company, typically paid annually.
Non-current Liability
Long-term financial obligations listed on a company's balance sheet that are not due within the upcoming twelve months.
Non-current Asset
Assets not expected to be converted into cash, consumed, or utilized within one year of the balance sheet date, including property, plant, and equipment.
IFRS
International Financial Reporting Standards, a set of global accounting standards developed by the International Accounting Standards Board.
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