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Explain how a functionalist theorist,such as Émile Durkheim,would analyze the existence and persistence of ethnic enclaves or pockets in the United States (Chinatown,Koreatown,Little Ethiopia,etc. ).
Salvage Value
The anticipated market value of an asset upon completing its service life.
Matching Principle
An accounting principle that requires expenses to be matched with the revenues they helped to generate in the same period.
Amortization
The gradual reduction of a debt over a period of time or the spreading out of capital expenses related to intangible assets over their useful life.
Matching Principle
An accounting principle that dictates expenses should be recognized in the same period as the revenues they helped generate.
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