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An internal data flow is one that connects two processes.
Accrued Expense
An expense that has been incurred but not yet paid for.
Adjusting Entry
A journal entry made at the end of an accounting period to account for unrecorded transactions or to adjust incorrect entries.
Insurance
A contractual agreement that provides financial protection or reimbursement against losses to an individual or entity, in exchange for premiums paid.
Depreciation
The method of allocating the cost of a tangible or physical asset over its expected useful life to account for the decrease in its value over time.
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