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What is the partial-reinforcement effect?
Business Entity Assumption
An accounting principle that treats a business as a separate legal entity from its owners, requiring separate accounting records.
Personal Financial Information
Data related to an individual's finances, including income, debt, investments, and credit history.
Sole Stockholder
An individual or entity that is the only owner of all the shares of a company.
External Users
Individuals or entities outside of a company who are interested in its financial information, including investors, creditors, and regulatory agencies.
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