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Why do we have two memory systems-explicit and implicit-that are both capable of learning the same material? What advantage is there in having a second,conscious system? Recent evidence suggests that the answer is
Securities
Financial instruments representing ownership (stocks), a debt agreement (bonds), or the rights to ownership (derivatives).
Fair Value
An estimated market value of an asset or liability, reflecting current market conditions rather than historical cost, used in financial reporting.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Equity Interest
Ownership interest in a company, usually in the form of stocks, representing a share of the earnings and assets of the business.
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