Examlex
The term "value added" refers to the contribution of factors of production to the value of a final product or service.
Cash Shortages
Instances when the actual cash available is less than the amount expected or needed.
Cash Overages
Excess of actual cash received over the expected amount, often caused by either errors in transactions or more sales than recorded.
Cash Discounts
Incentives offered by sellers to encourage buyers to pay their bills quickly, usually expressed as a percentage of the invoice amount if paid within a specific period.
Internal Controls
Processes put in place by management to ensure reliability of financial reporting, effective and efficient operations, and compliance with laws and regulations.
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Q38: The agreement which prohibits any union-represented bargaining