Examlex
Imagine that a researcher finds a patch of grass growing out of the asphalt in a parking lot (apparently isolated from any nearby grass populations) . What can the researcher conclude about this patch of grass?
Estimated Cost
A projection or approximation of the future cost associated with a product, service, project, or investment, often used for budgeting purposes.
Provision
A provision is an amount set aside in the financial statements to cover a future liability or loss.
Dollar Amount
A specific quantity of money expressed in the currency of the United States, represented by the dollar symbol ($).
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that is becoming the global standard for the preparation of public company financial statements.
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