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Thomas,an educationist,feels that tracking or formalized ability grouping of students in the U.S.is not a completely fair process.Which of the following is a reason for Thomas to have such an opinion?
Impairment Losses
The decrease in an asset's net carrying value that exceeds its recoverable amount.
Held-to-Maturity
A classification for investment securities that a company intends and has the ability to hold until they mature.
IFRS
IFRS stands for International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) aiming at making global financial statements more comparable, transparent, and reliable.
Marketable Securities
Marketable securities are liquid financial instruments that can be quickly converted into cash at their current market prices.
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