Examlex
As per the economic entity assumption,an organization and its owners should be seen as the same entity.
Forming Stage
The initial phase of team development where members meet and start to work together for the first time.
Accepted
Recognized as valid or suitable within a particular context or community; generally agreed upon.
Understood
Refers to the state or condition of being comprehended or grasped mentally.
Final Stage
The last phase in a process or lifecycle where objectives are finalized or outcomes are fully realized.
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