Examlex
__________ is "the ongoing development of ever more extensive and profound interdependence among the countries, economies, cultures, physical localities, and peoples of the world."
Cash Basis
An accounting method where revenues and expenses are recorded only when cash is received or paid out.
Accounting
The systematic process of recording, measuring, and communicating financial information to help in decision-making.
Supplies Used
The amount of supplies consumed during a specific period, which may be accounted for as an expense.
Balance Sheet
A ledger entry detailing a business’s resources, debts, and equity ownership at a fixed point in time.
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