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Which of the following is an architecture?
Reporting Basis
Refers to the underlying principles and guidelines used for preparing financial statements, often based on accounting standards like GAAP or IFRS.
Comparative Importance
A concept used to assess and prioritize items or issues in relation to one another based on their significance or impact.
Financial Reports
Documents that provide an overview of the financial condition of a company, including balance sheets, income statements, and cash flow statements.
Governmental Units
Entities responsible for the governance and administration of a particular area or community at local, regional, or national levels.
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