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Government Budget and the Economy: Types, Objectives & Impact
A government budget is the economic blueprint of the nation. It estimates revenues and expenditures for a financial year, and…
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Full Disclosure Principle: Definition, Examples & Role in Finance
The full disclosure principle is one of the pillars of modern financial reporting. It states that the company should disclose…
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What is Entrepreneurship? Role, Aim & Impact
Entrepreneurship is the process of new business start-up and running, typically including innovation, risk-taking, and pursuit of profit. It includes…
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What is Financial Ratio? A Comprehensive List
A financial ratio is a numerical measurement by which a business or an organization can assess its financial health. These…
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What is Business Services? Characteristics, Types & More
Business services are an important concept in the fast-moving, constantly changing world of commerce. What is business services? A short…