Examlex
You are working in a machine shop where you are learning to operate a lathe. Your supervisor tells you what you are doing correctly, and what needs to be improved. This is an example of the principle of:
Stock Market
The stock market is a collection of markets and exchanges where the buying, selling, and issuance of shares of publicly-held companies occur.
Going Concern
An accounting principle presuming that a company will continue operating and not go bankrupt or be liquidated in the foreseeable future.
Statement Of Cash Flows
A financial report detailing how modifications in balance sheet accounts and income influence cash and cash equivalents.
Quick Ratio
A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets excluding inventories.
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