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Firefighters take a ________ test, meaning they perform job-specific tasks such as running up and down stairs, dragging weight, and climbing a wall.
External Users
Individuals or entities outside a company who use its financial information, such as investors, creditors, analysts, and regulatory agencies, for decision-making purposes.
Ending Finished Goods Inventory
The value of all the finished goods held by a company at the end of an accounting period, ready for sale.
Balance Sheet
A financial statement that displays a company's assets, liabilities, and equity at a specific point in time.
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, providing insight into its profitability or loss.
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