Examlex
A cutoff score represents a score on a predictor or combination of predictors below which applicants are rejected.
Net Assets
The total assets of a company minus its total liabilities, representing the owners' equity in the company.
Business Combination
Represents a transaction or event where an acquirer obtains control of one or more businesses.
Journal Entry
A record in bookkeeping that logs the debit and credit aspects of a financial transaction.
Retained Earnings
The portion of a business's profits not distributed to shareholders, reinvested in the business instead.
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