EBITDA Is a GAAP Method of Financial Reporting

question 229

True/False

EBITDA is a GAAP method of financial reporting.

---

Definitions:

Reasonable Time

A legal concept indicating the period within which actions must be taken or conditions fulfilled, considered fair and appropriate under the circumstances.

Fraudulent Misrepresentation

This is a false statement of fact made deceitfully to induce another party to enter into a contract, resulting in harm or loss.

Consequential Damages

Losses that do not flow directly and immediately from an act but only from some of the consequences or results of the act.

Polished

Describes something that has been refined, improved, or made smooth and shiny, often through thorough work or effort.