Examlex
Suppose that the class Mystery is derived from the class Secret. The following statements are legal in Java. Secret secRef; Mystery mysRef = new Mystery(); secRef = mysRef;
Pooling Method
A method used in accounting for business combinations where the assets and liabilities of the combining companies are simply pooled together and recorded at historical cost.
Recognition Differences
Discrepancies that occur when financial transactions are recognized at different times or amounts in financial statements.
Financial Reporting
Financial reporting involves the disclosure of financial information to the various stakeholders about the financial performance and position of an organization over a specific period.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) for global use.
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