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According to J.L Austin, the best explanation standard is incorrect because
Capital Investment
Funds spent by a firm to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase its value or productivity.
Soil Reclamation
The process of improving damaged soil to restore its productive capacity, often involving the removal of pollutants or the addition of soil amendments.
Water Shed Reclamation
The process of recovering, treating, and reusing water from a watershed area for beneficial purposes, often related to environmental management.
Generally Accepted Accounting Principles
A collection of commonly-followed accounting rules and standards for financial reporting.
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