Examlex
The following sentences form an essay. Select the correct word or phrase for each blank.
-One year after quitting smoking, a __________ risk of heart disease drops by more than 50 percent.
Interest-Bearing Note
This is a debt instrument that pays interest to the holder at a fixed or variable rate until the maturity date or repayment of the principal amount.
Contingent Liabilities
Potential obligations that may arise depending on the outcome of a future event.
IFRS
International Financial Reporting Standards, which are accounting rules set by the International Accounting Standards Board (IASB) for the preparation of financial statements globally.
GAAP
Stands for Generally Accepted Accounting Principles, which are a common set of accounting rules and standards used in the United States.
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