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When the __________ stage is complete, there will be a relatively clear hierarchy of leadership within the group and agreement on the group's direction.
Appraised Value
The estimated monetary value of an asset determined by a professional appraiser based on its features and market conditions.
Land Account
An account on the balance sheet representing the cost of land owned by a company that is used in its operations.
Appreciated
Increased in value or worth over time, often used in the context of assets like property or investments.
Capitalized Cost
The total cost of a purchased asset, including acquisition price and all costs to bring the asset to a functioning state.
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