What is an “indemnification asset”? How do we account for it?   Please use your own words and do not copy and paste the answer from the test bank (I have it). Thank you!

Business Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter10: Cyberlaw, Social Media, And Privacy
Section10.1: Employers, Employees, And Cyberlaw
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What is an “indemnification asset”? How do we account for it?

 

Please use your own words and do not copy and paste the answer from the test bank (I have it). Thank you! 

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