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Which of the following intervenes and overrides professional codes of ethics only when necessary to protect public health,safety,and welfare?
Adjustment
A modification made to rectify the balance of an account, to reflect accrued expenses or revenues, or to correct errors.
Balance Sheet
An accounting summary showing the assets, liabilities, and owner's equity of a company on a given date.
Retainer Fee
A payment made in advance to hire or retain professional services, ensuring availability over a specific period.
Earned
Income or revenue that has been generated from business activities or investments, substantiated by the delivery of goods or services.
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