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Under certain circumstances,the gift-splitting election can be made even though the electing spouses are no longer married to each other.
Equity Securities
Financial assets representing ownership interest in an entity, such as stocks.
Statement of Cash Flows
A report detailing how alterations in balance sheet items and revenues influence the cash and cash equivalents, segmented into operations, investments, and funding activities.
Accounting Period
The period of time for which an income statement is prepared.
Uses of Cash
Refers to the various ways in which a business or individual applies its cash resources, including operational expenses, investment activities, and financing costs.
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