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How does socialization help an organization? Give two examples of ways that organizations can use socialization to improve their organization.
Accrued Revenue
Revenue that has been earned but not yet received, typically recorded with an adjusting journal entry.
Tutoring
The act of providing personal or group instruction or assistance in a particular subject or skill, aiming to improve the learner's understanding or proficiency.
Invoiced
The process of sending a document to a customer indicating amounts owed for goods or services provided.
Prepaid Insurance
An asset account that represents insurance premiums paid in advance for coverage extending beyond the current accounting period.
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