Examlex
The following mechanism step is ________.
Market Value
An estimation of the price at which an asset or company could be bought or sold in a current market.
IFRS
International Financial Reporting Standards represent worldwide accounting norms that facilitate the creation of financial statements.
GAAP
Generally Accepted Accounting Principles, a set of rules and standards used for financial reporting and accounting.
Principles-based
An approach that bases decisions on general principles or values rather than specific rules.
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