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单词 conservatism
释义

conservatism

conservatism A prudent and not overoptimistic view of the state of affairs of a company or other organization. Because it is regarded as imprudent to distribute to shareholders profits that may not materialize, it is a general principle of accounting not to anticipate profits before they are realized but to anticipate losses as soon as they become foreseeable. See alsoprudence concept.

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更新时间:2025/4/9 1:57:57