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SECTION 1. PREPARATION STANDARDSEvidence Required1aThe Operator holds a current European Community License with all vehicles listed on the Vehicle Identification Schedule. Current European Community License;
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Preparation standards are guidelines or criteria that outline the proper methods for preparing financial statements.
Typically, companies and organizations are required to file preparation standards as part of their financial reporting obligations.
Preparation standards are typically filled out by following the guidelines provided by the relevant accounting authorities or regulatory bodies.
The purpose of preparation standards is to ensure consistency, accuracy, and transparency in financial reporting.
Information such as balance sheets, income statements, cash flow statements, and other financial data must be reported on preparation standards.
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