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Which generation is described as follows: They are workaholics who are willing to challenge the status quo and are politically adept on the job.They believe they are always right,but are willing to work hard to get what they want.
Pension Expense
The cost recognized by an employer in a defined benefit pension plan for the estimated obligations as well as services provided by employees during the current period.
Amortization
The process of gradually writing off the initial cost of an intangible asset over its useful life.
Unrecognized Gains
Increases in asset values that have occurred but are not yet recorded in the financial statements according to accounting principles.
Fair Value
An estimate of the price at which an asset or liability would be exchanged between knowledgeable, willing parties in an arm's length transaction.
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