Examlex
Part ii refers to the:
Financial Statements
Records that provide an overview of a company's financial condition in both short and long term, including the balance sheet, income statement, and cash flow statement.
Common Shares
Equity securities that represent ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.
Contingency Reserves
Funds or resources set aside to cover unexpected costs or losses in a project, program, or portfolio, providing a financial cushion.
Accelerated Depreciation
A method of depreciation that allows for a higher expense deduction in the early years of an asset's life, decreasing its book value more quickly.
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