Examlex
Which of the following retards deflation?
Cash Payment
A financial transaction involving the outflow of cash from one party to another as a form of payment.
Internal Control
Methods and protocols established by an organization to guarantee the reliability of financial and accounting data, foster responsibility, and avert deceit.
Record-Keeping Function
The process of maintaining a record of business transactions and financial activities for future reference.
Account System
Refers to a structured process of recording, analyzing, and managing financial transactions of a business or individual.
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