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Notes to Financial Statements
Explanatory and supplementary information attached to the financial statements of a company, detailing the basis for figures and providing additional insights.
Nature and Function
A term often used to describe the properties and roles of different parts within a system or organization.
Basis of Accounting
The methodology under which revenues and expenses are recognized in the financial statements, examples include cash basis and accrual basis.
Statement of Activities
A financial report detailing the revenues, expenses, and changes in net assets of an organization, typically used by nonprofits.
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