The process engaged by a company in reducing the book value of an asset if its is overstated compared to current market value.
This is an accounting tactic which affects the firm's balance sheet.
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Posted Using LeoFinance Beta
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The process engaged by a company in reducing the book value of an asset if its is overstated compared to current market value.
This is an accounting tactic which affects the firm's balance sheet.
Posted Using LeoFinance Beta
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