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Increased aggression is predicted by
GAAP
The standardized guidelines for accounting and financial reporting, providing transparency and consistency across financial statements and industries.
FASB
Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards.
Accounts Receivable
Money owed to a business by its customers for goods or services delivered but not yet paid for, typically recorded as an asset on the balance sheet.
Accounts Payable
An obligation to a lender recorded on an open account, typically relating to the acquisition of goods and services.
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