Examlex
One purpose of criminal sanctions is to deter others from committing similar crimes in the future.
Selling Price
The amount of money for which a product or service is sold to customers, which may include discounts, promotions, or variable pricing strategies.
Conservatism
An accounting principle that requires potentially uncertain expenses and liabilities to be recognized promptly, but revenues only when they are assured.
Accounting Principle
Fundamental guidelines or rules that govern financial accounting practices.
Cost Or Market
An accounting method used to value inventory or securities at the lower of either its original cost or its market value as of the reporting date.
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