SECURED TRANSACTION Definition

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SECURED TRANSACTION is the right to repossess goods as security for payment of a debt.

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COMPILATION is the presentation of financial statement information by the entity without the accountant's assurance as to conformity with Generally Accepted Accounting Principles (GAAP). In performing this accounting service, the accountant must conform to the AICPA Statements on Standards for Accounting and Review Services (SSARS).

QUOTE is to name the price of an asset or service, e.g. stock price or investment.

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