Examlex
What term signifies assertions that have a reasonable possibility of containing a material misstatement that would cause the financial statements to be materially misstated?
Banker's Acceptance
A short-term debt instrument issued by a company that is guaranteed by a commercial bank, used in international trade.
International
Relating to, involving, or encompassing several countries or spanning across national boundaries.
Specified Amount
A precise sum or quantity that has been determined and stated in a contract or agreement.
Negotiable
Negotiable refers to something that can be discussed and changed through negotiation, especially in the context of financial instruments that can be transferred or endorsed to a new owner.
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