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Which type of electricity is generated primarily by friction between two surfaces?
Discretionary Accounting
The practice of using judgment in financial reporting and making decisions on accounting policies where alternatives exist.
Covenant Violations
Occurrences when a borrower fails to meet the terms of a loan agreement, potentially leading to penalties or loan default.
Current Ratio
A financial metric that evaluates a firm's capacity to settle debts due within a year by comparing its current assets to its current liabilities.
Accounting-Based Covenants
Agreements or clauses within contracts that require a borrower to meet certain financial metrics or conditions, based on accounting figures.
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