Examlex
Variables A and B are positively correlated, indicating that as the level of A _____, the level of B _____.
SEC
The Securities and Exchange Commission, a U.S. regulatory agency overseeing securities transactions, markets, and investment professionals to protect investors and maintain market integrity.
Financial Statement
Documents that provide an overview of a company's financial condition in both short and long term including balance sheet, income statement, and cash flow statement.
Pronouncements
Official statements or declarations issued by regulatory bodies, often related to accounting standards and financial reporting requirements.
Convergence
In financial and accounting terminology, convergence refers to the growing harmonization of International Financial Reporting Standards (IFRS) and United States Generally Accepted Accounting Principles (GAAP), aiming to create a single set of global standards.
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