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The MySQL block structure defines variables with the BEGIN keyword.
Owner's Equity Statement
A financial document detailing the changes in the equity of an owner in a company over a specific period.
Time Period Assumption
An accounting principle that suggests a business's activities can be divided into specific time periods for reporting purposes.
Fiscal Year
The one-year period an organization uses for accounting purposes and preparing financial statements, which may or may not align with the calendar year.
Revenue Recognition Principle
A fundamental accounting principle that dictates when revenue should be recognized in the financial statements, typically when it is earned and realizable.
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