Examlex
A vertical vector of 3 units combined with a horizontal vector of 4 units has a resultant of
Disclosure Note
Supplementary information provided in financial statements offering additional context or explanation about the figures presented, enhancing transparency.
Contingent Liability
A potential financial obligation that may arise in the future depending on the outcome of a specific event.
Reasonably Possible
A term used in accounting and law to indicate that a future event or condition has a chance of occurring.
Liability
A company's financial debt or obligations that arise during the course of its business operations.
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