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The adjudicatory hearing for delinquency must, however, be based on establishing what quantum of proof?
GAAP
Generally Accepted Accounting Principles, which are standards and procedures companies follow in preparing financial statements.
Valuation Allowance Accounts
Accounts used to reduce the carrying value of assets to an amount that approximates their fair value, especially when it is impossible to realize the entry value.
Balance Sheet Accounts
Financial accounts that are reported in the balance sheet, including assets, liabilities, and equity accounts, representing a company's financial position at a specific point in time.
Trading Investments
Securities bought and held primarily for selling them in the near term to profit from their price fluctuations.
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