Examlex
A test of infant development contains three scales: (1) Cognitive Ability,(2) Motor Development,and (3) Behavior Rating.Because these three scales are designed to measure different characteristics (that is,they are not homogeneous) ,it would be inappropriate to combine the three scales in calculating estimates of the test's
Hedging
A strategy used in financial management to offset potential losses or gains that may be incurred by a companion investment, thereby reducing the risk of adverse price movements.
IFRS
International Financial Reporting Standards, a set of global accounting guidelines providing a common language for business affairs so that company accounts are understandable and comparable across international boundaries.
Gross Method
An accounting approach for recording purchases or sales of inventory where discounts are not taken into account until they are actually realized.
Forward Contract
An individualized contract between two counterparts to acquire or dispose of an asset at a fixed price on a specified future date.
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