Examlex
Facebook was founded by _____.
Inception
The beginning point or establishment of an activity, agreement, or document.
U.S.GAAP
The collection of authoritative standards and principles for financial accounting and reporting in the United States, established by the Financial Accounting Standards Board.
IFRS
International Financial Reporting Standards; a set of accounting standards developed by the International Accounting Standards Board (IASB) aiming at standardizing financial reporting across the globe.
Liquidity
A measure of a company's ability to pay off its short-term liabilities with its available cash and quick assets.
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