Examlex
Which of the following functions is not appropriate in cases where a single simulation is run?
General Ledger
A comprehensive record of all financial transactions of a company, systematically organized by accounts.
Net Income
The remaining earnings of a company following the deduction of all expenses and taxes from its total income.
Deferred Revenue
Income received by a company for goods or services yet to be delivered or performed, recorded as a liability on the balance sheet.
Liability
A financial obligation or debt owed by a business or individual to others, which requires settlement in the future.
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