Examlex
What are management responsibilities under Sections 302 and 404 of SOX?
Significant Component
A major part or element of a larger system that plays a critical role in the system's overall function or performance.
Liquidity Ratios
Measures of the short-term ability of the company to pay its maturing obligations and to meet unexpected needs for cash.
Short-Term Obligations
Financial liabilities that are due to be paid within one year.
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.
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