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Which one of the following is not a part of an account?
Tangible Capital Assets
Physical assets owned by a business that are used in its operation and have a useful life longer than one fiscal year, such as buildings and machinery.
PSAB
stands for Public Sector Accounting Board, which sets accounting standards for public sector entities in some countries, focusing on transparency and accountability.
Controlled Entities
Entities over which another entity has the power to govern financial and operating policies, typically through ownership of a majority voting interest.
Government Organization
An entity that is part of the government and is responsible for the administration and governance of a specific function or area.
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