Examlex
This subtest is one of the most sensitive subtests to the effects of organic impairment.
Account Receivable
Money owed to a company by its clients or customers for goods and services provided on credit.
Disclosure Note
Supplementary information provided in financial statements offering additional context or explanation about the figures presented, enhancing transparency.
Contingent Liability
A potential financial obligation that may arise in the future depending on the outcome of a specific event.
Reasonably Possible
A term used in accounting and law to indicate that a future event or condition has a chance of occurring.
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