Examlex
What is the term used to describe the shipment of products through the distribution channel to the customer?
GAAP Estimate
An accounting estimate made following Generally Accepted Accounting Principles guidelines.
Prior-Period Adjustment
Corrections made to an organisation’s financial statements for errors found in the financials of preceding periods.
Comprehensive Income
The total change in equity for a reporting period other than from transactions with owners, including all unrealized gains and losses.
Operating Loss
A negative financial result that occurs when a company's operating expenses exceed its gross profits.
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