Examlex
As a typical teen,Hanson spends more than 60 minutes a day on the Internet.He checks social media and Googles to find information for school.He gets distracted by links within sites and ads in the margins.As he multitasks,he follows links posted by friends and moves from one site to another.He often forgets what he reads when he skims so many different sites.This type of Internet searching often leads to:
Financial Reporting
Compiling and presenting financial information that clarifies an enterprise's monetary state to its executive team, investors, and government officials.
Operating Data
Information related to the day-to-day operations of a business, used to analyze performance and make decisions affecting productivity and profitability.
Conceptual Framework
A system of ideas and objectives that guide the development, preparation, and interpretation of financial reporting information.
FASB
Stands for the Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.
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