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What term means to be free from unwanted intrusion?
Bank Reconciliation
The process of matching and comparing the account balance according to the bank statement with the balance recorded in the company’s own accounting records to identify discrepancies.
Risk Assessment
The process of identifying, analyzing, and evaluating the levels of risk facing an entity, project, or investment.
Bank Reconciliation
is the process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement, to ensure records are consistent.
Notes Receivable
A written promise that obligates a borrower to repay a specific amount of money, with or without interest, to a lender at a future date or on demand.
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