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Active transport proceeds when energy is expended.
Full Disclosure Principle
An accounting principle that requires companies to provide all necessary information in their financial statements that could affect the understanding of those statements.
Competitive Advantage
The unique advantage a company has over its competitors, allowing it to generate greater sales or margins and/or retain more customers.
Technological Innovations
New or improved technological products or processes that significantly advance the state of the art, within any field of technology.
Faithful Representation
A fundamental qualitative characteristic in accounting that ensures financial information accurately reflects an entity's transactions and events in a way that is complete, neutral, and free from error.
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