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Which is a bad report writing habit?
Comprehensive Income
The total change in equity for a business enterprise during a period from transactions and other events from non-owner sources.
GAAP
Stands for Generally Accepted Accounting Principles, which are a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.
Accrued Taxes
Taxes that have been incurred but not yet paid during a given accounting period, representing a liability on the company's balance sheet.
Operating Cash Flow
Cash generated from a company's everyday business operations, indicating its ability to generate sufficient positive cash flow to maintain and grow its operations.
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