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There are two approaches to mitigation, structural and non-structural. What would be an example of a non-structural mitigation strategy?
Land Account
An account used in accounting to record the cost of land owned by a company. It includes the purchase price and any additional costs incurred to prepare the land for use.
Fair Value
The price at which an asset would be bought or sold in an orderly transaction between market participants at the measurement date.
Unamortized Patent
The portion of a patent's cost that has not yet been expensed in the income statement over the patent's useful life.
Land Account
An account used in accounting to track the investment in land owned by an entity, including the costs associated with acquiring the land.
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