Examlex
The first step in the labour relations process is for workers to seek collective representation by expressing a desire to unionize.
Bank Reconciliation
The process of comparing and adjusting the balance shown in an entity's bank statement, with the corresponding amount shown in the entity's own accounting records.
Outstanding Checks
Checks that have been written and recorded by an entity but not yet cleared or cashed by the recipient.
Control Environment
The control environment forms part of an organization’s internal control framework, setting the tone for discipline and structure regarding the internal controls and operational processes.
Risk Assessment
The process of identifying, analyzing, and evaluating the likelihood and impact of risks on a project or organization.
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