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Which Are the Two Major Fields of Accounting

question 165

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Which are the two major fields of accounting?


Definitions:

Cash Flows

The gross total financial exchange in and out of an enterprise, significantly altering its liquidity capacity.

Capital Structure

A company's use of both borrowed money and stocks to finance its ongoing operations and grow.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.

Capital Structure

The fusion of equity and debt resources a firm applies to underwrite its operational needs and scalability.

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