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According to the theory building process elaborated upon in the text, the collection and analysis of data occurs because the ____________________.
Cumulative Effect
The total impact of a change in accounting principle on the net income reported in prior periods, if that change had been applied retrospectively.
Accounting Principle
A fundamental guideline or rule that underpins the financial reporting and accounting practices.
Common Shares Outstanding
The total number of shares of a corporation's stock that are currently owned by investors, including those held by institutional investors and company officers.
Net Income
The total earnings of a company after deducting all expenses, including taxes and operating costs, from its total revenue.
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