Presented below are the basic assumptions and principles underlying financial statements. 
Definitions:
Evolution
The procedure through which diverse living entities are presumed to have originated and varied from previous types over the course of the earth's existence.
Population Variation
The differences in phenotypes and genotypes within a group of individuals, often studied in genetics and ecology.
Survival Rates
The percentage of individuals surviving or expected to survive a certain condition or disease over a specified period.
Traits Passed
Characteristics or qualities that are genetically transferred from parents to offspring through the process of inheritance.
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