Examlex
Match each term with the correct definition below:
-?The file system that Microsoft created to replace FAT. It uses security features, allows smaller cluster sizes, and uses Unicode, which makes it a more versatile system.
Goodwill
An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair market value of the net identifiable assets of the business.
Borrowing Costs
Borrowing Costs are the interest and other costs that an entity incurs in connection with the borrowing of funds.
U.S. GAAP
Generally Accepted Accounting Principles in the United States, a standard framework of guidelines for financial accounting.
IFRS
A collection of worldwide accounting standards created by the International Accounting Standards Board, known as International Financial Reporting Standards.
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