Examlex
Circuit switching involves a dedicated connection between a source and a destination,such as when a voice call is placed between two landline telephones.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company's resources.
Increase Assets
The process by which a company's resources, valuable to its operations and financial growth, are augmented or enlarged.
Decrease Assets
A reduction in the total value of assets owned by an entity, occurring through expenses, losses, asset disposals, or using up assets in operations.
Financial Statement
Formal records of the financial activities and position of a business, person, or other entity, which include the balance sheet, income statement, and cash flow statement.
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