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Why should a systematic performance evaluation system be implemented?
Intangibles
Assets owned by a business that have no physical nature but possess value due to content or legal rights, such as copyrights and trademarks.
Copyright
A form of legal protection given to creators of original works of authorship, including literary, dramatic, musical, and certain other intellectual works.
Organization Costs
Expenses related to the formation of a corporation, partnership, or other entity, such as legal and accounting fees.
Amortized
The gradual reduction of a debt over a period of time through regular payments of principle and interest.
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