Examlex
Explain the differences between a centralized and decentralized approach to database design.
Betterments
Improvements made to an asset that increase its value or extend its useful life, typically treated as capital expenditures.
Capital Expenditure
Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve long-term business operations.
Gain or Loss
The financial result from a transaction where the sale price is either higher (gain) or lower (loss) than the purchase price or the book value of an asset.
Disposed Asset
An asset that has been sold, discarded, or otherwise disposed of by a company.
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