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A black hole is so named because
Revenue Recognition
The accounting principle that revenue should be recognized in the accounting period in which it is earned and realizable, regardless of when cash is received.
Business Transactions
Economic events or conditions that affect the financial position of a company, which are recorded as entries in accounting records.
Time Period
A specific duration during which financial transactions are recorded and reported in financial statements.
Quality
The degree to which a product or service meets the requirements and expectations of customers.
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