Examlex
An external audit is a thorough assessment of an organization's various internal functional areas.
Current Liabilities
Short-term financial obligations that a company owes and is expected to pay within one year or its operational cycle, whichever is longer.
Compensating Balance
A minimum bank account balance that a borrower must maintain as a condition for obtaining a loan.
Interest Charges
The cost paid by a borrower for the use of borrowed money, or paid on a deposit or investment.
Needed Funds
The estimated financial resources required for an entity to carry out its planned activities or achieve its goals.
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