Examlex
You are using a social network and want to let others know that you are interested in their posts.Which of the following could you use to alert them to your interest?
Federal Income Tax Withholding
Federal income tax withholding is the process by which an employer deducts a portion of an employee's income to pay directly to the federal government as a prepaid credit towards the employee’s annual tax liability.
Contingent Liabilities
Potential obligations that may arise from past events, depending on the outcome of future events.
IFRS
International Financial Reporting Standards, a set of global accounting guidelines that govern how companies prepare and disclose their financial statements.
GAAP
Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction.
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