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Copyright infringement occurs when one work derives from another or is an exact copy.
Retained Earnings
The portion of a company's profits that is retained and not distributed to shareholders, often reinvested in the business or used to pay off debt.
Intangible Assets
Assets that cannot be seen, touched, or physically measured and are created through time and effort, such as trademarks, patents, and copyrights.
Current Liabilities
Financial obligations or debts of a business that are due to be paid within a year.
Measurement Alternative
A choice given to companies under accounting principles to measure certain assets or liabilities at cost or at fair value, depending on which reflects the substance of the transaction better.
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