Examlex
In analysis of variance,large sample variances reduce the likelihood of rejecting the null hypothesis.
Continuing Operations
The segments or activities of a business expected to continue for the foreseeable future, excluding any discontinued operations.
Revenue Recognition
The accounting principle that determines the specific conditions under which revenue is recognized or accounted for.
Conservatism
An accounting principle that dictates to recognize expenses and liabilities as soon as possible, but revenues and assets only when they are assured of being received.
Gross Profit Method
A technique used to estimate the amount of inventory a business has by applying the gross margin ratio to the cost of goods sold.
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