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____ are the fundamental structural and functional units of life.
Retained Earnings
Cumulative net income minus dividends paid to shareholders, representing the business's reinvested profits.
Accounting Information System
A structure that collects, stores, manages, processes, retrieves, and reports financial data for its users, facilitating informed business decisions.
Financial Accounting
The process of recording, summarizing, and reporting the myriad of transactions resulting from business operations over a period of time, in order to produce financial statements.
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