Examlex
A _____________ is a collection of information stored electronically so that it is accessible by computer and digitally searchable.
Lower Of Cost
Refers to the accounting principle of valuing and reporting assets at the lower of its historical cost or the market value.
Original Cost
The purchase price of an asset or service, including installation fees, transportation costs, and other expenses required to bring an asset into a usable state.
Investment Account
A financial account held at a financial institution that contains securities, cash, and other assets managed for the purpose of investment.
Operating Income
Earnings before interest and taxes (EBIT), a measure of a company's profit from operations before interest expenses and taxes have been deducted.
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