Examlex
The General Electric "strategic planning grid" relies on subjective judgments about business strengths and industry attractiveness.
Installment Sales
Revenue recognition method allowing income to be realized at the time of sale but received through regular payments over time.
Contingent Liability
A potential financial obligation that may arise depending on the outcome of a future event.
Nontaxable Life Insurance
A type of life insurance policy where the proceeds paid on death or the cash value accumulation during the policyholder's lifetime are not subject to income taxes.
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