Examlex
Which of the following is an organized collection of computer hardware,software,data,and personnel designed to capture,store,update,manipulate,analyze,and immediately display information about worldwide business activities?
Fair Value
An estimate of the market value of an asset or liability, based on current prices in active markets.
Noncash Asset
An asset that is not cash or does not directly translate into cash in a short period, such as property, plant, and equipment.
Corporation
A legal entity that is separate and distinct from its owners, who are shareholders, and has its own rights and obligations.
Treasury Stock
Shares that were once part of the outstanding shares but were bought back by the company, reducing the amount of stock on the open market.
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