Examlex
Describe each of the four sentence structures.
Taxing Authorities
Governmental bodies responsible for imposing and collecting taxes, such as the Internal Revenue Service (IRS) in the United States.
Accounting Rules
The standardized guidelines and procedures for recording financial transactions and preparing financial statements.
Loan Covenants
Agreements or stipulations within a loan contract that the borrower must adhere to, intended to protect the lender by maintaining certain financial ratios or conditions.
Credit Risks
The risk of loss resulting from a borrower's inability to repay a loan or meet contractual obligations.
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