Examlex
The final round of GATT talks,called the Uruguay Round,established GATT's successor,known as the
Financial Statements
Reports that summarize the financial performance, position, and cash flows of a business for a specific period.
Disclosure
The act of providing important information to stakeholders, required by regulations to ensure transparency and fairness in financial reporting and corporate actions.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure accuracy and consistency in the accounts.
Adjusted Balance
Represents the account balance after adjustments such as payments, credits, and interest have been factored in.
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