Examlex
Which of the following three performance categories are recommended for disclosure by the Global Reporting Initiative?
Accounting Purposes
The specific reasons or objectives for maintaining financial records and conducting financial analyses, including compliance, reporting, and decision-making.
Legal Purposes
Activities or actions that are undertaken in accordance with law and designed to effectuate legal ends.
Retained Earnings
The portion of net income not distributed as dividends but retained by the company to reinvest in its business or to pay debt.
Net Income
The final income of a firm following the deduction of all expenditures, taxes, and interest from the gross revenue.
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