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If bad debts are NOT significant which method is best to use?
Federal Law
Laws passed by the national government of the United States that apply to the entire country, encompassing statutes, regulations, and case law.
Private Securities Litigation Reform Act
A 1995 federal law that imposed several significant reforms on the process of bringing securities fraud lawsuits in order to reduce frivolous claims.
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The legal responsibility of auditors for failing to detect and report inaccuracies or fraud in the financial statements they review.
SEC
Stands for the Securities and Exchange Commission, a U.S. government agency responsible for regulating the securities markets and protecting investors.
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