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When using a content-area textbook, teachers should:
Comprehensive Income
The total of all operating and non-operating revenues and gains minus all expenses and losses, including those not included in net income.
Financial Statements
Reports that show an organization's financial performance and position, typically including the balance sheet, income statement, and cash flow statement.
Foreign Currency
Currency used in a country other than one's own, involved in international trade and investment.
Transactions
Financial events that affect the financial position of a company, involving transfers of value between two or more entities.
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