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What Role Does Accrual Accounting Play In IFRS Vs GAAP Standardization? Have you ever wondered how different accounting standards influence the way companies report their financial information? In this detailed video, we’ll explore the role of accrual accounting within the frameworks of IFRS (International Financial Reporting Standards) and ...
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Interesting Stuff on Instagram: "Here’s how it generally works for lithium-ion (Li-ion) batteries: Thermal Runaway: Lithium-ion battery fires are difficult to extinguish because the heat from one cell ignites adjacent cells in a chain reaction, which is a self-sustaining process called thermal runaway. This reaction generates its own heat and oxygen, meaning it doesn’t need external air to keep burning. Cooling with Water: Submerging the battery in a large volume of water rapidly reduces the tem
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