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The simple monetary policy rule discussed at length in the text is:
Account Group
A classification system used in accounting to organize and categorize financial transactions and balances.
Assets
Assets are resources owned or controlled by a business or individual that have economic value and can provide future benefits, including cash, property, and equipment.
Horizontal Analysis
A method of financial analysis in which figures in financial statements over different periods are compared line by line to identify trends.
Statement of Cash Flows
A financial report that details the inflows and outflows of cash within an organization over a specific period.
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