Examlex
Which of the following is considered virtualization?
IFRS
International Financial Reporting Standards, which are international accounting standards for preparing and presenting financial statements.
U.S. GAAP
A framework of accounting standards, principles, and procedures that companies registered in the United States must follow to report their financial statements, ensuring accurate financial reporting and investor trust.
Treasury Stock
Shares that were issued and subsequently repurchased by the company, reducing the amount of outstanding stock on the open market.
Paid in Capital
Funds received by a company in exchange for its stock, representing the capital given by investors during common or preferred stock issuance.
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