Term
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Definition
| report the success or failure of the company's operations for a period of time. |
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Term
| management discussion and analysis |
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Definition
| cover's its ability to pay near-term obligations, its ability to fund operations and expansion, and its results of operations. |
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Term
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Definition
| the financial statements provide a fair representation of the company's financial position and results of operations in accordance with generally accepted accounting principles. |
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Term
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Definition
| resource owned by a business |
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Term
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Definition
| cost of assets consumed or service used |
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Term
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Definition
| increase in assets resulting from sale of product or service |
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Term
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Definition
| amounts owed to creditors |
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