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Displacement current exists wherever there is:
Adjusting Entries
Ledger entries prepared at an accounting cycle's end to correctly allocate income and expenses to the period they occurred.
Potential Manipulation
The possibility of altering financial data or operational practices to present a misleading view of a company's financial health or performance.
Compensation Arrangements
Agreements between an employer and an employee or contractor detailing the terms of payment, benefits, and incentives.
Financial Statements
Financial Statements are formal records of the financial activities and position of a business, person, or other entity.
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