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The Update Anomaly in Unnormalized Databases

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The update anomaly in unnormalized databases


Definitions:

Construction Loan

A short-term loan provided to finance the building of a property or real estate project, with the property itself usually serving as collateral.

Interest-bearing Debt

A type of debt that incurs interest expenses over the loan period.

IFRS Rules

Specific guidelines and standards set out by the International Financial Reporting Standards to govern how financial transactions and positions should be reported in the financial statements.

Impairment Losses

Financial losses recognized when an asset's carrying value exceeds its recoverable amount.

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