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When stretching you should
Persuasive Evidence
Information or documentation that reliably confirms the occurrence of a transaction or the reality of an asset or liability, meeting certain criteria to be recognized in financial statements.
Internet Companies
Entities primarily engaged in providing services or products via the internet, including e-commerce, social networking, and cloud computing.
Gross Basis
Gross basis refers to the total, comprehensive calculation of income or expenses without deducting any taxes or expenses.
Net Basis
Payment terms for goods or services that require payment in full, without any deductions or discounts, within a specified period.
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