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Financial Statements
Formal records that outline the financial activities and conditions of a business, including the balance sheet, income statement, and cash flow statement.
Accuracy in Accounting
The principle that ensures financial records and statements are free from errors or discrepancies and faithfully represent the financial performance and position of an entity.
Operating Activities
Business activities directly related to the production, sales, and delivery of a company's products and services, reflected in its cash flow.
Investing Activities
Part of cash flow from investing, representing transactions related to the acquisition or disposal of long-term assets and investments other than inventory.
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