Examlex
Classify each of the following as a(n):
Changes in Equity
Movements in shareholders' equity over a period due to profits, losses, dividends, and transactions with owners in their capacity as owners.
Fair Presentation
An accounting principle that financial statements should be honest, complete, and conform to accepted standards, providing a true and accurate view of an entity's financial position.
Unbiased
Free from prejudice or favoritism, ensuring fair, impartial, and objective decision-making or presentation.
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