Examlex
The functional structure is inappropriate for firms with products and manufacturing methods that are largely undifferentiated among countries.
Financial Statements
Reports that provide an overview of a company's financial condition, including income statement, balance sheet, statement of cash flows, and statement of changes in equity.
Capital Assets
Long-term assets that a business uses in its operations and that are not intended for resale, such as property, plant, and equipment.
Deferral Method
An accounting practice that involves postponing the recognition of revenue or expenses until a future date.
Restricted Fund Method
An accounting practice for nonprofit organizations, segregating funds according to restrictions imposed by donors.
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