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Demographic studies indicate that the world's population is:
Current Assets
Resources anticipated to be transformed into cash, sold, or utilized within a year or during the standard operational cycle of the company.
Fiscal Year
A one-year period that companies and governments use for accounting purposes and preparing financial statements, which may not align with the calendar year.
Natural Business Year
A fiscal year that ends when business activities have reached the lowest point in an annual operating cycle.
Formal Accounting Records
Official documents and books that systematically record financial transactions and positions of a business.
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