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What are the advantages of a parallel-flow system?
Comparative Financial Statements
Financial statements that provide a comparison of a company's financial performance and position over multiple periods.
Percentage Analysis
A financial analysis technique that expresses each item in a financial statement as a percentage of a base amount to identify trends and make comparisons.
Vertical Analysis
A method of financial statement analysis in which each entry for the various categories is represented as a percentage of a base figure.
Sarbanes-Oxley Act
U.S. legislation enacted in 2002, aimed at protecting investors from fraudulent accounting activities by corporations.
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