Examlex
The Moon lacks an atmosphere because its surface gravity is only the Earth's.
Capital Budgeting
The process a business undertakes to evaluate potential major investments or expenditures to ensure financial viability and return on investment.
Tax Haven
A country or jurisdiction with very low or no taxes, often used by businesses and wealthy individuals to reduce their tax liability.
International Accounting Standards Board
An independent organization that establishes accounting standards, aiming for global harmonization.
Generally Accepted Accounting Principles
A set of accounting standards and procedures used in the United States to compile financial statements, ensuring consistency and comparability across industries.
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