Birdwatch Note Rating
2024-02-25 14:32:28 UTC - HELPFUL
Rated by Participant: 370C82808E14A1922C2DDD5DCE779CDA558F2FBB6B8F56057B4C5287E6A02276
Participant Details
Original Note:
This is a write-down, not a write-off. A write-down is when an entity marks down the sale price of its product, whereas a write-off is when a company reduces said product's value to zero. https://www.investopedia.com/ask/answers/070715/what-difference-between-writeoff-and-writedown.asp https://www.investopedia.com.cach3.com/ask/answers/070715/what-difference-between-writeoff-and-writedown.asp.html https://audithow.com/write-off-and-write-down/
All Note Details