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Describe HTML and XML.
Accounting Standards
Are the rules and guidelines that companies must follow when reporting financial data, allowing for consistency, transparency, and comparability.
Financial Statement Forecasts
Projections or estimates of a company's future financial performance, including income statements, balance sheets, and cash flows.
Depreciation Expense
An accounting method that allocates the cost of a tangible asset over its useful life.
Collateral
Assets pledged by a borrower to secure a loan or other credit, and subject to seizure by the lender if the loan is unpaid.
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