WAYBILL Definition

WAYBILL is a document prepared by a carrier for a shipment of goods that contains details of the shipment, route, and charges.

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ENTITY ASSUMPTION is the assumption that financial statements are prepared for an entity that is separate and distinct from its owners.

BEST PRACTICES are the generally understood operational characteristics of corporations which have been successful in terms of high repayment rates, significant outreach, and progress towards surplus generation.

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