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In addition to using high-stakes assessments, teachers in the Madeline School District routinely gather and share their students' work in portfolios. List three benefits of including portfolios in an assessment plan.
Current Asset
Asset expected to be converted into cash, sold, or consumed within a year or within the business's operating cycle.
Liability Subsections
The divisions within the liabilities section of a balance sheet, categorizing liabilities based on their nature or duration, such as current liabilities and long-term liabilities.
Long-Term Liabilities
Liabilities that usually will not be due for more than one year.
Net Income
The amount of profit left over after all expenses, taxes, and costs have been subtracted from total revenue.
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