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Describe the three important guidelines for revenue recognition.
Trade Agreements
Formal arrangements between countries to regulate tariffs, trade barriers, and the exchange of goods and services.
New Technologies
Emerging or advanced technologies that offer novel capabilities or significant improvements over pre-existing solutions, often driving innovation and change.
Needs Analysis
The process of determining and assessing gaps between current performance and desired outcomes or competencies, often used to identify training and development needs.
Training And Development
Organizational activities aimed at boosting the performance and efficiency of individuals and groups within a business setting through learning and development opportunities.
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