Please answer each of the following questions in detail. Provide in-text citations and include examples whenever applicable.
1. Define the words in the own words. Do not directly quote from the textbook.
2. Need to write at least 2 paragraphs
3. Need to include the information from the textbook as the reference.
4. Need to include at least 2 peer reviewed article as the reference.
5. Need to provide the examples whenever applicable.
5. Please find the related power point in the attachment
Wild, J., & Shaw, K. (2019). (8th ed.). Financial and managerial accounting: Information for decisions. McGraw-Hill
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