Examlex
_____ = Throughput × Flow time.
Bad Debt
Money that has been lent or credited but is unlikely to be repaid and is therefore considered a loss.
Write-off
An accounting practice where the value of an asset is reduced to zero, reflecting its irrecoverability.
Write-down
An accounting term referring to the reduction in the book value of assets when their fair market value has fallen below the previously recorded cost.
Accounting Systems
Procedures and systems used by a business to keep track of its financial transactions and prepare financial statements.
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