Examlex
The U.S. Constitution vests power in the branches of government that form a "checks and balances" system. Those branches of government include:
Comparability
The ability of financial information to be used in comparing the financial statements of entities to evaluate financial performance and position.
Legal System
The comprehensive system of rules and principles which govern a specific country or community, guiding the administration of justice and regulatory affairs.
Financial Reporting
The process of producing statements that disclose an organization's financial status to management, investors, and the government.
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