Examlex
___________ is not an absolute dating technique.
Categories of Assets
A classification system for assets, typically grouping them into categories such as current assets, long-term investments, property, plant and equipment, and intangible assets.
Liquidation
The process of closing a business, selling its assets, and using the proceeds to pay off its debts.
Reorganization
A process aimed at restructuring a company's operations, structure, or finances with the goal of increasing efficiency or preparing for growth, often to avoid bankruptcy.
Order for Relief
A court order that occurs when a petition for bankruptcy is approved, protecting the petitioner from creditors and potentially leading to a debt reorganization plan.
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