IDENTIFIABLE ASSETS and LIABILITIES Definition

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IDENTIFIABLE ASSETS and LIABILITIES are those assets and liabilities of a business that can be disposed of without disposing of the entire business. It includes both tangible and intangible assets.

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CUSTOMS are the authorities charged with collecting duty and controlling the entry of merchandise into a country.

TANGO SHEETS is a not often used slang term refering to a document that compares forecasted financial data to actual financial performance for the purposes of illegally adjusting the reported financial data to more closely match the prior forecasted performance.

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