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DRC

It stands for depreciated replacement cost; the depreciated replacement cost of an asset is the current replacement cost of the...

Depreciated Replacement Cost

The depreciated replacement cost of an asset is the current replacement cost of the asset, less accumulated depreciation (computed on...

Asset FV

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Asset Fair Value

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Fair Value of an Asset

The fair value of an asset is the price that would be received to sell an asset in an orderly...

Amortized Asset

An asset (typically a financial asset/ intangible asset) that is subject to an amortization scheme whereby its amortized cost is...

Amortizable Asset

An asset (typically a financial asset/ intangible asset) that is subject to an amortization scheme whereby its amortized cost is...

Amortized Cost

The monetary amount at which a financial asset or financial liability is measured at the time it is first recognized...

Amortization

The systematic process of allocating the amortized amount/ amortized cost (the principal) of a financial asset (broadly any intangible asset)...

Economic Life

The period over which an asset provides or is expected to provide its economic benefits to an entity owning and/...