Examlex
To avoid confusing readers, pie charts should contain three to five wedges.
Possible Obligation
A potential future outflow of resources embodying economic benefits, arising from past events, whose existence will be confirmed only by uncertain future events.
Uncertain Future Event
A potential occurrence or situation whose outcome cannot be predicted with certainty, often impacting planning and decision-making.
Economicbenefits
The potential to bring about advantages in terms of increased cash flows or reduced cash outflows, contributing to the value of an entity.
Bank Guarantee
A financial instrument provided by a bank on behalf of a client, ensuring payment to a beneficiary if the client fails to fulfill contractual obligations.
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