Examlex
Which of the following statements about agriculturalists is true?
Prospectively
Referring to or dealing with events in the future, often in the context of financial planning or forecasting.
Extraordinary Gain
A gain that arises from events or transactions that are distinct and infrequent in nature, not expected to recur regularly.
Provision For Inventories
An accounting practice where a reserve is made for potential decreases in the value of a company’s inventory.
Inventories Losses
Reductions in the amount or value of inventories due to factors such as deterioration, obsolescence, or theft, resulting in financial loss.
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