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What Is the Term That Literally Means "A Prince's or Lord's

question 39

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What is the term that literally means "a prince's or lord's child," and in the teaching of Confucius means a "superior man" made so by the study and practice of virtue?


Definitions:

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership stake of shareholders.

Revenue

The aggregate financial gain realized through the sale of products or services that constitute a firm's principal business activities.

Expenses

Costs incurred by a business in the process of earning revenue.

Accounts Payable

Amounts owed by a company to suppliers or vendors for goods or services received that have not yet been paid for.

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