Examlex
The general capacity to adapt and respond favorably to physical effort is known as
GAAP
Generally Accepted Accounting Principles are a standardized collection of accounting norms, standards, and methods that organizations are required to adhere to when preparing their financial reports.
Income Statements
A financial statement that shows a company's revenues and expenses over a specific period, resulting in net profit or loss.
Unusual Nature
Characteristics or occurrences that are not common or expected in a typical context.
Infrequent Occurrence
Events or transactions that do not happen often and, therefore, are not expected to recur in the foreseeable future.
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