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IDENTIFICATION
-Council of the Indies
Balance Sheet Approach
A method in financial accounting that provides a snapshot of a company's financial condition at one point in time by listing its assets, liabilities, and equity.
Validation
The process of verifying that a product, service, or system meets the required specifications and fulfills its intended purpose.
Executives Meeting
A gathering of an organization's top leadership to discuss strategic plans, performance, and key business decisions.
Base Salary
The initial rate of compensation given to an employee, excluding any extra benefits, bonuses, or overtime.