Examlex
A previously healthy man is diagnosed with both secondary syphilis and HIV. What is the most likely way he contracted HIV?
Special Or Unusual Items
Items in financial statements that are unusual due to their nature or infrequency, and which can significantly affect net income.
Inventory Method Change
A change in the accounting method used to value inventory, which can significantly affect a company's financial statements and tax liability.
LIFO
Last In, First Out; an inventory valuation method where the last items placed in inventory are the first ones considered sold.
Retrospective Approach
A method used in accounting to apply new accounting policies to transactions, other events, and conditions as if the new policy had always been in place.
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