Examlex
The "Ring of Fire" is a volcanic island arc extending from the southwestern Pacific through Indonesia.The island arc formed as a result of ____collision.
U.S. GAAP
The Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures used in the preparation of financial statements.
GAAP
A set of widely adhered to accounting norms and standards utilized for financial reporting, known as Generally Accepted Accounting Principles.
Capital Lease
A lease agreement that grants a lessee the rights similar to ownership of the asset, typically for a considerable period of the asset's life.
Operating Lease
A leasing agreement allowing the use of an asset without ownership, typically with shorter terms than a finance lease.
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