Examlex
Which of the following is the reason behind the quick responsiveness of online analytical processing (OLAP) ?
Fair Value
The financial figure anticipated when disposing of an asset or the price to move a liability in a regulated exchange involving market entities on the date of valuation.
Gain On Bargain Purchase
Occurs when a company acquires another company for a price less than the fair market value of its net assets, resulting in a gain on the acquisition balance sheet.
Income Tax Expense
The accounting expense associated with the income taxes a company is obligated to pay to governmental authorities based on its taxable income.
Tax Rate
A percentage at which an individual or corporation is taxed; the tax authority sets it, and it can vary based on income, property value, sales price, etc.
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