Examlex
Reduction of tariff barriers against DVC imports would benefit both the DVCs and the IACs.
GAAP
GAAP stands for Generally Accepted Accounting Principles, which are standardized guidelines and practices for financial accounting and reporting in the U.S.
IFRS
International Financial Reporting Standards, a set of accounting guidelines that provide a global framework for businesses to prepare and disclose their financial statements.
Rules-based
Refers to systems or processes that are governed by a strict set of predefined rules or laws.
Cash Defined
The total amount of money, in the form of bills or coins, available for use; often considered the most liquid form of assets.
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