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Which principle is the basis of the duty to do no harm to clients?
Net Of Tax
Refers to the amount remaining after taxes have been deducted, used to describe financial results or figures that are exclusive of tax effects.
Net Realizable Value
Net realizable value is the estimated selling price of goods, minus the estimated costs of completion and the costs necessary to make the sale.
Interim Financial Report
A financial report covering a period of less than one fiscal year that provides an update on a company's financial status.
Inventory
The raw materials, work-in-process products, and finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
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