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Which of the following is NOT one of the characteristics of S.M.A.R.T. goals?
Daily Cash Operating Expenses
The total amount of money spent each day to keep a business running, including utilities, rent, and payroll.
Outstanding Checks
Checks issued by a company that have not yet been cashed or cleared by the bank.
Deposits in Transit
Funds that have been received and recorded by a company but not yet credited by the bank, often seen in the reconciliation of bank statements.
Bank Statement Balance
The ending balance on a bank statement, representing the total amount of money in an account as recorded by the bank at the end of a given period.
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