Examlex
Which of the following statements is TRUE about forensic evidence?
Balance Sheet Element
Components of a balance sheet which typically include assets, liabilities, and shareholders' equity.
GAAP
Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States.
Marketable Securities
Financial instruments that can be quickly converted into cash with minimal loss in value.
Unrealized Increase
The increase in value of an asset that has not yet been sold or disposed of. It represents potential profit, but it is not reflected in the financial statements until the gain is realized.
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