ADJUSTMENTS TO GROSS SALES Definition

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Adjustments will vary dependent upon how the company accounts for its revenue and exceptional transactions. Enter the amount for "Adjustments to Gross Sales", or its equivalent, as reported in the company's financial reporting document in 1,000's. Enter a zero for no adjustments.

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GOING LONG is the purchase of commodities, bonds, or stock with no immediate intention of selling them, i.e. the purchase is for long term investment or speculation. See GOING SHORT.

OBSERVE / OBSERVATION is to watch and test a client action, e.g., taking inventory.

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