Examlex
All of the following are secondary categories of diversity EXCEPT
Fair Value
The estimated market price of an asset or liability, reflecting the price at which an orderly transaction would take place between market participants at the measurement date.
Balance Sheets
A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time, giving insight into its financial position.
Allowance
An amount set aside as a reduction or probable future expenses or losses, such as an allowance for doubtful accounts.
Equipment
Tangible assets used in the operation of a business, such as machinery, tools, and vehicles, not intended for sale.
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