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Whereas civil liberties are those that are inherent to humans and cannot be taken away or granted by the government, certain abilities are granted by the government to its citizens to ensure equal access to political, social, and economic institutions. These are known as ______.
Accounting Principles
The foundational concepts and guidelines that govern the field of accounting, such as revenue recognition, matching principle, and full disclosure.
Extraordinary Item
Events or transactions that are both unusual in nature and infrequent in occurrence, impacting a company's financial position.
Selling Activities
Actions undertaken by a company to promote and sell its products or services, including advertising, sales promotions, and personal sales.
Cash Flows
The total amount of money being transferred into and out of a business, especially affecting liquidity.
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