Examlex
The accomplice testimony rule permits the district attorney to compel one criminal defendant to testify against the other defendant.
Assets
Economic resources controlled or owned by a business, which are expected to produce benefits or value in the future.
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing what the owners truly own.
Revenue Recognition
The accounting principle dictating the conditions under which revenue is recognized and can be reported in financial statements.
Fraud
A deliberate deception to secure unfair or unlawful gain, often financial in nature. It can involve various schemes, including embezzlement, identity theft, and forgery.
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