Examlex
In the context of social responsibility, environmentally friendly fashion, such as clothing made of organic cotton, is an example of _____.
Disclosure in Notes
Providing additional information and context to items in the financial statements within the notes section, aiding in transparency and understanding.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board for global use.
U.S.GAAP
Refers to the Generally Accepted Accounting Principles in the United States, which are a set of rules and standards used for accounting and financial reporting.
Revenue Recognition
Accounting principle determining when and how revenue is recognized and recorded, ensuring it reflects the actual earnings process.
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