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Forecasting
The process of making predictions about future events, often involving the analysis of data and trends to inform business decisions.
Net Income Recognition
Net income recognition refers to the point at which revenues minus expenses are realized and reported in the financial statements, determining the profitability of a company for the period.
Net Assets
The total value of an entity's assets minus its liabilities, representing the owners' equity.
Assets
Assets are resources owned by a business or individual that have economic value and can be used to meet debts, commitments, or legacies.
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