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A conciliation board has representatives from the union, the employer, and the government.
Unearned Sales Revenue
Money received by a company for goods or services yet to be delivered or performed.
Depreciable Asset
An asset subject to depreciation, representing the decline in value over time due to use, wear and tear, or obsolescence.
Investing Activities
Financial activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
Operating Activities
Activities that constitute the primary or main activities of a business, such as sales and service delivery, which are reflected in the company's cash flow.
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