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What is one risk faced by organizations that rely heavily on internal candidates to fill job openings?
Transposition Error
A common accounting mistake where numbers are mistakenly reordered, leading to inaccurate data entry.
Trial Balance
A worksheet used in accounting that compiles all ledger balances into matching total amounts in debit and credit columns.
Debit Totals
An aggregate amount of all debits recorded in an accounting period, indicating resources used or expenses.
Credit Totals
The sum of all credit entries made in the accounting ledger, used in balancing the books.
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