Examlex
Halo effect occurs when:
Depreciable Asset
A long-term asset subject to depreciation, reflecting the decrease in value over time due to wear and tear, age, or obsolescence.
Depreciation
The process of allocating the cost of a tangible asset over its useful life, representing how much of the asset's value has been used up.
Valuation Technique
Methods and procedures used to estimate the value of an asset, liability, or company, including discounting cash flow analysis and comparative market analysis.
Expense Recognition
The accounting principle that costs are recorded in the period they are incurred in and matched with the revenues they help to generate.
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