ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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STABILIZED INCOME Definition

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STABILIZED INCOME is the projected planned revenue that is subject to change but represents the best annualized estimate of consistent income.

 

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PIECEMEAL OPINION is an expression of an opinion on an item in financial statements that is not permitted as part of a disclaimer or adverse opinion on the financial statements as a whole because it would tend to overshadow or contradict a disclaimer of opinion or an adverse opinion.

ENTITY BOUNDARY is that which is legally included within or excluded from a defined entity.


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