Examlex
A cash equivalent is a highly liquid investment that can be converted into cash in one year or less.
IFAC's Code of Ethics
A set of ethical standards and guidelines developed by the International Federation of Accountants to promote integrity, objectivity, and professionalism among accountants.
Cost-Benefit Analysis
A decision-making process that compares the costs of an action or investment to the benefits derived, to assess its feasibility or value.
Qualitative Benefits
Non-numerical advantages or positive outcomes resulting from a policy, program, or project, such as improved customer satisfaction or employee morale.
Mission Statement
A concise declaration of an organization's core purpose and focus that informs its goals, culture, and strategy.
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