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James Cook Ltd bought a piece of land 10 years ago and the market value of this property is now worth 5 times its purchase cost.The accountant suggested that James Cook Ltd should revalue the asset.This notion is consistent with the qualitative characteristic of:
Colloquial Language
Informal language or expressions used in everyday conversation, not suitable for formal contexts.
Stereotypes
Oversimplified ideas or generalized beliefs about a particular group of people.
Observable Likenesses
Features or characteristics that can be seen and identified as similar between two or more items or people.
Two-Word Verbs
Verbs that consist of a verb and a preposition or adverb which together create a meaning different from the original verb.
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