Examlex
Orientation programs often cover a number of topics including all of the following except:
Fiscal Year
A 12-month period used for accounting purposes and preparing financial statements, which may not align with the calendar year.
Principal Repayment
The process of paying back the original amount borrowed from a lender, excluding interest payments.
Remote Contingent Liability
A potential liability that is considered unlikely to occur and thus is not recorded in financial statements but may be disclosed in the notes.
Disclose Only
A policy or requirement of revealing information without necessitating additional actions or changes based on the disclosure.
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