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All EXCEPT which of the following are true about the conceptualization of client issues?
Income from Operations
The earnings generated from a company's principal business activities, excluding non-operating income and expenses such as interest and taxes.
Internal Control
The processes and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.
Cash
A company's money in the form of currency or in bank accounts that is immediately available for business use.
FOB Destination
A shipping term indicating that the seller bears the shipping costs and retains ownership of the goods until they are delivered to the buyer's location.
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