asset group
Acronyms
- None
Preferred Term
- None
Non-standard Terms
- None
Definitions
| Type | Definition | Sources |
|---|---|---|
| Noun | An asset group is the unit of accounting for a long-lived asset(s) to be held and used, which represents the lowest level for which identifiable cash flows are largely independent of the cash flows of other groups of assets and liabilities. (used 5 times in citations and controls) |
Other Forms
| Type | Other Form |
|---|---|
| Plural | asset groups |
| Plural Possessive | asset groups' |
| Possessive | asset group's |
Relationships
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Citations
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