Examlex
Which of the following is at the top of the communication effects pyramid?
Due Diligence
A required standard of care that certain professionals, such as accountants, must meet to avoid liability for securities violations.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.
Generally Accepted Accounting Principles
The standard framework of guidelines for financial accounting used in any given jurisdiction; commonly abbreviated as GAAP.
Good Faith
A sincere intention to be fair, open, and honest, regardless of the outcome of the interaction.
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