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Line-of-Business Reporting |
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Line-of-Business Reporting A convention some companies use in their financial statements in which they report information by sector. For example, a single publicly-traded company that engages in agriculture, mining, and manufacturing may report revenue, sales, and profits/losses for each field individually. This allows a company to show its investors what parts of the company are performing better relative to the others. It also prevents one sector that is overperforming or underperforming from unduly influencing a financial statement. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The firm's rapid growth in recent years and increasing attention to line-of-business reporting have been outpacing the ability of the existing time and billing accounting system, prompting a search for a new package. |
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