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"According to Thomas Friedman,the world is…" is an example of:
Generally Accepted Accounting Principles
A collection of commonly followed accounting rules and standards for financial reporting.
CRA
CRA can refer to a Credit Rating Agency, which is an organization that assigns credit ratings to issuers of certain types of debt securities, as well as the debt instruments themselves.
Economic Life
The expected period of time during which an asset is useful to the average owner, or until an asset is projected to generate economic benefits.
Tax Purposes
The reason or need to undertake specific actions or record transactions in a certain way to comply with tax laws.
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