Examlex
Explain why understanding trends and new technologies can help an organization prepare for the future.
Limited Liability Company
A corporate framework that merges the direct taxation benefit of partnerships or sole proprietorships with the corporation's advantage of limited liability.
Corporation
A legal entity that is separate from its owners, offering limited liability to its shareholders, and is able to own assets, incur liabilities, and enter into contracts.
Securities And Exchange Commission
A federal agency responsible for enforcing US federal securities laws and regulating the securities industry, stock and options exchanges.
GAAP
Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting used in any jurisdiction.
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