Examlex
An extremely high rate of inflation is called ________.
GAAP Conservatism
An accounting principle that entails erring on the side of caution, providing for potential losses or liabilities.
R&D
Research and Development; activities undertaken by a business to innovate and introduce new products or services.
Software Development
The process of conceiving, specifying, designing, programming, documenting, testing, and bug fixing involved in creating and maintaining applications, frameworks, or other software components.
Intangible Assets
Assets that lack physical substance, such as patents, trademarks, and goodwill.
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