Examlex
In some Native American societies names could change or be acquired over time and __________.
Fair Value Adjustment
A financial reporting process that adjusts assets or liabilities to their current market value, rather than historical cost.
Valuation Account
A type of accounting balance that is used to adjust the value of a related account, often serving to decrease the value of the primary account.
Adjustment Account
A specific account used to adjust the value of related accounts to reflect accurate financial information.
Offset Account
A bank account that reduces the amount of interest payable on a loan by the amount held in the account.
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