Examlex
What data type should Phil use for the Social Security Number field? Why?
Income Statement
A financial statement that shows a company's revenues and expenses over a specific period, resulting in net income or loss.
Current Liabilities
Short-term financial obligations that are due within one year or within the normal operating cycle of a business.
Long-term Debt
A financial obligation that extends beyond one year, used by businesses to finance their operations or acquire assets.
Contingent Liabilities
Potential liabilities that may occur depending on the outcome of a future event.
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