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Which of the following most accurately defines the term organic?
GAAP
Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in a particular jurisdiction, notably the United States.
Cookie Jar Reserves
Accounting practices where companies set aside reserves during good financial periods to smooth out earnings in future, less favorable periods.
Estimated Obligations
The predicted liabilities or commitments a company expects to incur in the future, often found in financial planning and budgetary processes.
Overreserving
Overreserving refers to setting aside more funds or reserves than necessary for anticipated obligations or liabilities, which can affect a company's financial statements by overstating expenses.
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