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Particularly with the rapidly developing technology, multidisciplinary teams must pay special mind to ______.
Transactions
Actions or activities conducted by a company or between parties that affect the financial position, such as sales, purchases, and payments.
Income Statement
A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net profit.
Statement of Retained Earnings
A financial statement that outlines the changes in retained earnings for a specific period, reflecting net income and dividends paid to shareholders.
Balance Sheet
A report detailing a company’s assets, liabilities, and equity belonging to shareholders, captured at a particular moment.
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