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In order to modify someone's behaviour, one should:
Total Liabilities
The sum of all financial obligations or debts a company owes, including both short-term and long-term liabilities.
Incurred Expense
Expenses that have been recognized in the accounting period in which they are incurred, regardless of when the payment is made.
Adjusting Process
An analysis and updating of the accounts when financial statements are prepared.
Revenue Recognition Principle
A concept of accounting that states that revenues are recorded when earned, which is when the services have been performed or products have been delivered to customers.
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