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A Data System Called _______________ Allows for the Collection of Detailed

question 28

Multiple Choice

A data system called _______________ allows for the collection of detailed statistical information about juvenile victims of reported crimes.


Definitions:

FASB

The Financial Accounting Standards Board (FASB) is a private organization that establishes financial accounting and reporting standards for companies and nonprofit organizations in the United States.

SEC

Stands for the Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and protecting investors.

Generally Accepted Accounting Principles

A set of accounting standards and procedures that are used in the preparation of financial statements in the U.S.

Owner's Equity

The residual interest in the assets of a business after deducting its liabilities, representing the owner's claim on the company's resources.

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