Examlex
Which of the following is NOT one of the main steps or phases in the scientific method of inquiry?
Liquidation
The process of bringing a business to an end and distributing its assets to claimants, often conducted when a company is insolvent.
Convert
To change something into a different form or properties, often used in financial contexts such as converting currencies or securities.
Gain
An increase in the value of an asset or a decrease in the value of a liability which contributes to an increase in the owner's equity.
Loss
The financial state where expenses exceed revenues within a specific period.
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