Examlex
Briefly describe the information is typically included in a system proposal?
Fair Value
A measure of the value of an asset or liability based on current market prices.
Replacement Cost
The expense of replacing an asset at its current market price.
Net Realizable Value
The estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.
Restricted Fund
Funds that are designated for a specific purpose by the donor or governing authority, limiting their use by the recipient organization.
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