Examlex
Computer voice recognition software is getting better. Some companies claim that their software correctly recognizes 98% of all words spoken by a trained user.
The program recognizes words (or not) independently. To simulate the program's performance on 10 words, use two digits to simulate one word with 02 to 99 meaning "correct" and these random digits:
The number of words correct out of the 10 is
Gross Method
An accounting approach for recording purchases or sales of inventory where discounts are not taken into account until they are actually realized.
Forward Contract
An individualized contract between two counterparts to acquire or dispose of an asset at a fixed price on a specified future date.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) aimed at making global financial statements more comparable.
Hedge Transactions
A financial strategy used to minimize the risk of adverse price movements in an asset, often involving derivatives like futures or options contracts.
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