Examlex
What has been the main impetus behind the shift of risks from employer to individuals in terms of managing employees' careers?
GAAP
Generally Accepted Accounting Principles; a collection of commonly followed accounting rules and standards for financial reporting in the United States.
FASB
The Financial Accounting Standards Board, which is responsible for establishing and improving standards of financial accounting and reporting for the private sector in the United States.
Higher Risk Securities
Investment products that offer potentially higher returns but come with an increased level of risk, including stocks or bonds from less stable companies.
Foreign Exchanges
The global market in which currencies are traded. This market determines the foreign exchange rates for every currency.
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