FINANCIAL ACCOUNTING Definition

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FINANCIAL ACCOUNTING is the area of accounting concerned with reporting financial information to interested external parties.

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REVALUATION, in general, is the reconsideration of the value or worth of a property. In currency, it is the increase in the exchange rate of a currency as a result of official action.

P as the fifth letter in a Nasdaq stock symbol indicates that the issue is first class of preferred shares in the company.

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