Examlex
The probability model below describes the number of thunderstorms that a certain town may experience during the month of August.
How many storms can the town expect each August?
Financial Information
Data pertaining to the financial status and performance of an entity, including income, expenses, assets, and liabilities.
Internal Users
Individuals within an organization who use financial information to make decisions, including management, employees, and internal stakeholder groups.
External Users
Individuals or entities outside a company who utilize its financial information, such as investors and creditors.
Separate Legal Entity
A principle acknowledging that a corporation has a separate legal existence from its shareholders, protecting them from the company's debts.
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