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What view did Howard Becker propound in this book,The Outsiders?
IFRS
International Financial Reporting Standards, a set of accounting guidelines providing a global framework for financial statements.
Deferral Method
An accounting procedure that postpones the recognition of certain income or expenses until a later accounting period.
Financial Statements
Reports that provide an overview of a company's financial condition, including income statement, balance sheet, statement of cash flows, and statement of changes in equity.
Capital Assets
Long-term assets that a business uses in its operations and that are not intended for resale, such as property, plant, and equipment.
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