Examlex
An enterprise architect is a person grounded in technology, fluent in business, and able to provide the important bridge between MIS and the business.
Goodwill
An intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets, reflecting attributes like brand, customer base, and employee relations.
Impairment
A decrease in the recoverable value of an asset below its carrying amount on the balance sheet, necessitating a write-down of its value.
Fair Value
An estimate of the price at which an asset or liability would trade in a fair transaction between willing parties.
Useful Life
The estimated period over which an asset is expected to be useful in the operations of a business.
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