Examlex
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Double-Entry Bookkeeping System
An accounting system where every entry to an account requires a corresponding and opposite entry to a different account.
Single-Entry System
A bookkeeping method where each transaction is recorded only once, either as an income or an expense, which does not track assets and liabilities directly.
Control and Security
Measures and protocols put in place to ensure safety and regulate the access or operation of systems or areas.
Internal and External
Refers to elements, factors, or perspectives within and outside of an organization or entity.
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