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Companies are required to set up confidential systems so that employees can "raise red flags" about suspected illegal or unethical accounting practices.
Down Payment
An initial payment made when purchasing a good or service, typically a percentage of the total price, with the remainder due later.
Equipment
Tangible items used in the operation or production process of a business.
Financial Statement
A documented summary detailing a company's business operations and financial health, usually encompassing the balance sheet, income statement, and statement of cash flows.
Total
The sum or aggregate amount resulting from the addition of individual items or elements in a set.
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