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15-20 The export revenue variance VAREX should be negatively related to the probability of debt rescheduling.
Fiscal Year
A 12-month period that a company or government uses for accounting purposes and preparing financial statements.
Cash Basis
An accounting method where revenues and expenses are recorded when they are actually received or paid, not when they are incurred.
Generally Accepted Accounting Principles
A set of accounting standards, principles, and procedures that companies use to compile their financial statements.
Liability-Revenue Account Relationship
The connection between liabilities and revenues, typically involving situations where revenue is earned as liabilities are settled.
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