Examlex
Why would a farmer allow a field to be taken over by weedy, non-crop members of the bean family?
Cost Model
An accounting approach that measures an asset based on its historical cost minus any accumulated depreciation and impairment losses.
Impairment
Reduction in the recoverable value of an asset below its carrying amount.
Recoverable Amount
The higher value between an asset's fair market value less costs to sell and its value in use.
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