Examlex
The ______ is a security technique associated with the use of credit cards at the time of purchase that checks additional digits printed on the back of the credit cards.
Reporting Units
Components of a business entity for which discrete financial information is available and is reviewed by the entity's management.
Intangible Assets
Assets that do not have physical substance but provide economic benefits to the owner, such as patents, trademarks, and goodwill.
Income Recognition
The accounting principle that income should be recognized in the accounting period in which it is earned, irrespective of when the cash is received.
Initial Impairment Assessment
The first step in evaluating whether an asset's carrying amount exceeds its recoverable amount, indicating a potential impairment loss.
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