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In Accounting, the Word "Net" Refers to an Amount After

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True/False

In accounting, the word "net" refers to an amount after a subtraction.


Definitions:

Political Risk

The risk of losing money due to changes in a country's political environment or policy.

Foreign Operations

Business activities and transactions conducted in countries other than the company's home country.

Parent Company

A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Forward Trade

A tailor-made agreement for buying or selling an asset at a future moment, based on a price established in the present, and not conforming to standard regulations.

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