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An economic trend is characterized by which of the following?
Accountant-Client Privilege
A legal privilege that keeps confidential communications between an accountant and their client protected from disclosure without the client's consent.
Testify
To give a formal statement of fact or evidence in a court of law, or in a legislative or administrative proceeding.
Disclaimer
A declaration intended to exclude legal responsibility and avoid the possibility of civil litigation for specific actions or neglect.
GAAP
Generally Accepted Accounting Principles, which are a collection of commonly-followed accounting rules and standards for financial reporting.
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