Examlex
Third-generation languages added a level of abstraction to machine languages by substituting abbreviated command words for the strings of 1s and 0s used in machine languages.
Financial Flexibility
Financial flexibility denotes an organization's ability to react to unexpected expenses and investment opportunities without jeopardizing its financial stability.
Available-For-Sale
A classification of financial assets indicating that they are not actively traded but can be sold to meet liquidity needs.
Realized Loss
Occurs when an asset is sold for less than its carrying amount on the books, representing an actual loss of capital.
Straight-Line Method
A method of calculating depreciation or amortization that allocates the cost of an asset evenly across its useful life.
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