Birdwatch Note Rating
2024-02-24 08:19:59 UTC - HELPFUL
Rated by Participant: CAC45AB984215B50B4B2ADD6E6E54608F92389036F5B4D90E108EC685921AD1C
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