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Explain the difference between thin-client and native applications,and describe the advantages and disadvantages of each.
Depreciable Asset
An asset that loses value over time due to usage, wear and tear, or obsolescence, and is subject to depreciation accounting to allocate its cost over its useful life.
Noncontrolling Interest
A portion of the equity in a subsidiary not owned by the parent company, representing minority shareholders' interest in the subsidiary's net assets.
Intra-entity Transactions
Transactions that occur between two parts of the same company, often used in the context of consolidating financial statements.
Voting Common Stock
Shares that give the holder the right to vote on company matters, such as elections for the board of directors.
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