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| the process of planning, recording, analyzing, and interpreting finacial information. |
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| a planned process designed to compile financial data and summarize the results in accounting records and reports. |
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financial reports that summarize the financial condition and operations of a business.
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| a statement that allows the person extending the loan to see the financial position of a borrower on a specific date and make a lending decision. |
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Definition
| anything of value that is owned |
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Definition
| the difference between the personal assets and personal liabilities. |
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| the difference between assets and liabilities. |
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| the pricipals of right and wrong that guide an individual in making desicions. |
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Definition
| the use of ethics in business descisions. |
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