Examlex
Infomercials and telemarketing are examples of direct response retailing.
GAAP
Generally Accepted Accounting Principles, a standardized set of accounting principles in the United States governing financial reporting and accounting.
Depreciation Requirements
The set of rules or guidelines dictating how an asset's cost should be allocated over its useful life.
Retained Earnings
Accumulated net income not distributed to shareholders as dividends but retained by the company for reinvestment in its operations or to pay debt.
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