Examlex
A(n) _______________ is created to use extra space from a completely different dynamic disk to increase the size of a simple volume.
Artificial Time Periods
Divisions of time into periods for accounting purposes that may not correspond to actual calendar periods.
Economic Entity
A unit in the economy that is capable of engaging in financial activities, such as a person, corporation, or government entity.
GAAP
stands for Generally Accepted Accounting Principles, which are the standard framework of guidelines for financial accounting used in any given jurisdiction.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guide how financial transactions and events should be reported.
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