Examlex
__________ offices are mobile offices that use communication tools to allow people to work anywhere.
Straight Line Amortization
A method of allocating the cost of an intangible asset over its useful life in equal annual amounts.
Impairment
A decrease in the recoverable value of an asset below its carrying amount on the balance sheet, necessitating a write-off.
Goodwill
The intangible asset that arises when a company acquires another for a price higher than the fair value of its identifiable tangible and intangible assets.
Indefinite Useful Life
An intangible asset that is not expected to deplete over a measurable period of time, and hence is not amortized.
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