Examlex
When writing about a sensitive topic, you might use euphemisms rather than words that could offend your audience.
AASB 137
An Australian accounting standard that deals with the accounting for provisions, contingent liabilities, and contingent assets.
Long-Term Project
A project that spans over an extended time period, typically beyond one year, often involving substantial investment or complexity.
Deferred Asset
An expenditure that is not expensed immediately but is recognized over a future period to match with revenues it generates.
Future Operating Losses
Projected losses from future operations, often considered in the context of business planning and impairment testing.
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