Examlex
Simplify the expression. Select the correct answer.
Disclosure Note
A note included in financial statements that provides additional information relevant to an organization's financial position.
Working Capital
Working capital represents the disparity between an organization's current assets and current liabilities, showcasing its operational efficiency and short-term financial stability.
Account Receivable
Money owed to a company by its clients or customers for goods and services provided on credit.
Disclosure Note
Supplementary information provided in financial statements offering additional context or explanation about the figures presented, enhancing transparency.
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