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When we say working capital, we are referring to the net
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()
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2
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working capital. Firm’s investment in current assets called
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is called
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3
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gross working capital. The different between current
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difference
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4
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assets and current liabilities called net working capital.
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is called
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5
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Net working capital can be positive or negative. When
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()
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6
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current assets are in excess of current liabilities, net
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()
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7
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working capital is positive. On another hand, when
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the other
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8
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current liabilities exceed current assets, net working capital
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()
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9
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is negative.
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()
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10
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Gross working capital indicates firm’s investment and
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()
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11
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finance of current assets. Net working capital, on the
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financing
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12
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other hand, shows the liquidity of a firm. As the result, net
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()
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13
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working capital indicates the financing needs of a firm,
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()
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14
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both through long-term as well as short-term financing
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and
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15
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sources. Working capital is the part of firm’s capital is used for
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that is
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16
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routine day-to-day business operations. In other words,
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()
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17
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working capital refers to the funds needing by the business
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needed
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18
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to run it’s operations for one accounting year. Working
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its
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19
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capital reflects the number of money a firm has at its
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amount
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20
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immediate disposal.
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()
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21
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Adequate working capital is important for any business
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()
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operations. Working capital financed, however, can be a
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financing
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challenge for a business, especially for a small firm. In
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()
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order to understand the best way to finance working
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()
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25
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capital, it is important understanding the difference between
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to understand
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the two types of working capital: permanent working
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()
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27
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capital and temporary working capital
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()
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approximately
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[ə'prɔksɪmətlɪ]
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consistency
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[kən'sɪst(ə)n(t)sɪ]
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control process
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[kən'trəul] ['prəuses]
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current assets
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['kʌr(ə)nt ]; ['kɜːr(ə)nt] ['æsets]
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debtor
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['detə]
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dual aspect
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['djuːəl] ['æspekt]
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entire debt
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[ɪn'taɪə ], [en-] [det]
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equation
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[ɪ'kweɪʒ(ə)n]
|
financial analysts
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[faɪ'nænʃ(ə)l] ['æn(ə)lɪsts]
|
forecast of the unanticipated events
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['fɔːkɑːst] [ɔv] / [əv] [ðiː] / [ðɪ] [ˌənan'tisəˌpātid] [ɪ'vent]
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implementation
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[ˌɪmplɪmen'teɪʃ(ə)n]
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in monetary terms
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[ɪn] ['mʌnɪt(ə)rɪ] [tɜːmz]
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intangible
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[ɪn'tænʤəbl]
|
investment counsel(l)ors
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[ɪn'vestmənt] ['kaun(t)s(ə)lə]
|
managerial accounting
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[ˌmænə'ʤɪərɪəl] [ə'kauntɪŋ]
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mortgage
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['mɔːgɪʤ]
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primary objective
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['praɪm(ə)rɪ] [əb'ʤektɪv ], [ɔb-
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prudence
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['pruːd(ə)n(t)s]
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revenue
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['rev(ə)njuː]
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routine
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[ruː'tiːn]
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tangible
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['tænʤəbl]
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the uses are varied
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[ðiː] / [ðɪ] [juːziz] [ɑː(r)] / [ə] ['vɛərɪd]
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to compare the consequences
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[tuː] / [tu] / [tə] [kəm'pɛə] [ðiː] / [ðɪ] ['kɔn(t)sɪkwən(t)s]
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to control equipment
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[tuː] / [tu] / [tə] [kən'trəul] [ɪ'kwɪpmənt]
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to harmonize with
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[tuː] / [tu] / [tə] ['hɑːmənaɪz][wɪð]
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to implement
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[tuː] / [tu] / [tə] ['ɪmplɪment]
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to indicate targets
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[tuː] / [tu] / [tə] ['ɪndɪkeɪt] ['tɑːgɪts]
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to induce
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[tuː] / [tu] / [tə] [ɪn'djuːs]
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to pertain to
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[tuː] / [tu] / [tə] [pə'teɪn ] / [pɜː-] [tuː] / [tu] / [tə]
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various segments of organization
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['vɛərɪəs] ['segmənts] [ɔv] / [əv] [ˌɔːg(ə)naɪ'zeɪʃ(ə)n]
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1.
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to accomplish objectives
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A
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утвержденный бюджет
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2.
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to generate statements
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B
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основа (база) успеха
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3.
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managerial accounting
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C
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достигать цели
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4.
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to be encompassed in the
approved budget
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D
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соответствовать определенным стандартам
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5.
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to react to unanticipated events
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E
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нераспределенная прибыль
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6.
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to be consistent with overall goals and objectives
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F
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реагировать на непредвиденные события
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7.
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benchmarks of success
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G
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снабжать компанию капиталом
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8.
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retained earnings
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H
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отчет об изменениях капитала
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9.
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to provide capital to a company
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I
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вопросы, относящиеся к фирме в целом
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10.
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to earn a rate of return on
one’s capital investment
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J
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быть включенным в утвержденный бюджет
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11.
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matters pertaining to the firm in its entirety
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K
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отчет об изменениях в финансовом положении
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12.
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to conform to certain standards
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L
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получать норму прибыли на капиталовложения
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13.
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generally accepted
accounting principles (GAAP)
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M
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не противоречить всеобъемлющим целям и стремлениям
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14.
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going concern
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N
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отчет о прибылях и убытках
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15.
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Securities and Exchange Commission (SEC)
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O
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общепринятые принципы и правила бухучета
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16.
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income statement
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P
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создавать отчеты
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17.
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statement of changes in equity
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R
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комиссия по ценным бумагам и
биржам
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18.
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statement of changes in
financial position
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S
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хозяйственная (коммерческая) операция
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19.
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business transaction
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T
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заинтересованные лица
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20.
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interested parties
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U
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коммерческая деятельность
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21.
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approved budget
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V
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внешние пользователи
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22.
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business activity
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W
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управленческий учет
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23
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parties external to the organization
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X
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допущениe о непрерывности деятельности предприятия
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