Examlex
Interview questions should be ______.
Generally Accepted Accounting Principles (GAAP)
Generally accepted guidelines for the preparation of financial statements.
Equity
The value of an ownership interest in a company, calculated as the difference between assets and liabilities.
Assets
Resources owned by a business that have economic value and can be used to meet debts, commitments, or generate income.
Revenue
The total income generated by the sale of goods or services related to a company's primary operations before any costs or expenses are deducted.
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