Examlex
What type of computer code is typically added to a legitimate program but lies dormant until a specific logical event triggers it?
Patent Amortization
The gradual expensing of the cost of a patent over its useful life, reflecting the consumption of the patent's value.
Depreciation Expense
The allocated portion of the cost of a fixed asset expensed each year over its useful life, representing wear and tear or obsolescence.
Gain
The increase in the value of an asset or the positive difference between the selling price of an asset and its cost.
Prepaid Expenses
Expenses paid in advance for goods or services to be received in the future, recorded as assets on the balance sheet until they are consumed or used.
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