Examlex
The ethical principle of _____ dictates that certain professionals will not divulge the information they obtain from a client.
Double-entry Bookkeeping
An accounting practice where every financial transaction is entered as both a debit in one account and an equivalent credit in another, ensuring the books are always balanced.
Revenues and Expenses
Financial terms referring to the income generated from business activities (revenues) and the costs incurred (expenses) during a specified period.
Single-entry System
An accounting method where each transaction is recorded with a single entry to the financial records.
Double-entry Bookkeeping
An accounting method where every entry to an account requires a corresponding and opposite entry to a different account.
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