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When two variables have a negative correlation and the x-variable decreases,
Financial Accounting
The branch of accounting that focuses on the preparation of financial statements for external use, adhering to standardized guidelines.
External Decision Makers
Individuals or entities outside of a company that use its financial information to make decisions, such as investors and creditors.
International Financial Reporting Standards (IFRS)
A set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.
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