Why Is It Necessary to Close the Books at the End

question 179

Essay

Why is it necessary to close the books at the end of the accounting period?

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Definitions:

Keystone Species

Keystone species are species that have a disproportionately large effect on their community or ecosystem relative to their abundance, playing a critical role in maintaining the structure of an ecological community.

Community

In ecology, a community is a group of interacting species living in the same area, sharing a common environment.

Small Numbers

A numerical quantity categorized as being less than some arbitrary value, often context-specific.

Keystone Species

A species that plays a critical role in maintaining the structure of an ecological community, affecting many other organisms in the ecosystem.