Examlex
Hacking is defined as using a computer resource without authorization or in excess of authorization.
Relevance
The importance of financial information in making economic decisions, ensuring that the data presented affects the users' understanding and actions.
Standard Setters
Organizations or bodies responsible for establishing norms and guidelines in various fields, such as accounting or industry standards.
Historical Cost
Historical cost is an accounting principle that records assets and transactions at their original purchase price, without adjusting for inflation or market changes.
Representationally Faithful
An attribute of financial information that suggests the data accurately reflects the economic transactions and events it purports to represent.
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