Examlex
In mass service and service factory quadrants of the service process matrix, the operations manager could focus on all of the following except
Debit Increases
Debit increases refer to the accounting principle where increases in assets, expenses, and losses are recorded on the debit side of a ledger.
Credit Decreases
In accounting, actions that decrease liabilities or increase assets, typically reflected in the credits column of a ledger.
Account
A record that summarizes financial transactions of a specific type, such as revenue, expenses, assets, or liabilities.
Credit
An accounting entry that increases a liability or equity account, or decreases an asset or expense account.
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