Examlex
Detection is to interpretation as sensation is to
Board Of Directors
A collection of persons chosen by the shareholders to supervise the corporation's management and make significant decisions on its behalf.
Chief Executive Officer
The highest-ranking executive in a company, responsible for making major corporate decisions, managing the overall operations and resources of a company.
Measurement (Cost) Principle
A principle that states accounting information is based on actual cost incurred in transactions, which includes the initial purchase price plus any additional costs necessary to get the asset ready for use.
Accounting Principles
Fundamental concepts or guidelines that govern the field of accounting, such as consistency, relevance, reliability, and comparability.
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