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Which of the following is the first step in the Productivity Measurement and Evaluation System (ProMES) ?
Delayed Charge
A transaction that records an expenditure which will be billed to a client or customer at a future date, not immediately impacting cash flow.
Pending Expense
Expenditures that have been incurred but not yet fully processed or paid out.
Sales Transaction
A business operation where goods or services are exchanged for money between the seller and the buyer.
Invoice
A document issued by a seller to a buyer, itemizing a transaction and requesting payment for goods or services provided.
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