Examlex
Which of the following is considered a B2B project?
Research and Development
A series of creative and systematic activities undertaken to increase the stock of knowledge and the use of this knowledge to devise new applications, products, or processes.
Loss Contingency
A potential financial loss that might occur in the future due to a past event or condition, whose resolution is uncertain.
Provision for Loss
An amount set aside in the accounting records to cover anticipated losses or liabilities.
U.S. GAAP
United States Generally Accepted Accounting Principles, a set of accounting standards for preparing financial statements that companies in the U.S. are required to follow.
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