You Should Include in the Abstract the

question 8

Multiple Choice

You should include in the abstract the

• A)major purpose of the study.
• B)major result of the study.
• C)major contribution of the study.
• D)all of the above

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Definitions:

Principle of Conservatism

An accounting guideline where revenue and assets are not overestimated while liabilities and expenses are not underestimated.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Normal Profit Margin

The average or expected profit margin that a business aims to achieve under normal operating conditions.

Allowance Method

An accounting technique used to account for expected credit losses on accounts receivable by anticipating uncollectible accounts.