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The basic emotions can best be characterized as
Prior Period Adjustment
A prior period adjustment involves corrections of errors in previously issued financial statements, typically associated with the discovery of mistakes in accounting practices.
Equity Method
An accounting technique used to record investments in other companies, recognizing income and losses proportional to the level of ownership.
Outstanding Common Stock
Outstanding common stock refers to the total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.
Unrecorded Patents
Patents that an organization owns which have not been recorded in its financial statements.
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