Examlex
What is the essential characteristic that distinguishes a change in accounting policy from either an error correction or a change in estimate?
Fraud
The wrongful or criminal deception intended to result in financial or personal gain.
Insurer
A company that provides financial protection against specific risks to individuals or entities in exchange for premiums.
Automobile Theft
The act of unlawfully taking a motor vehicle without the consent of its owner.
Liable
Being legally responsible for something, typically involving financial compensation for harm or damages.
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