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The difference between deferred revenue and accrued revenue is that accrued revenue has been recorded and needsadjusting and deferred revenue has never been recorded.
Preventive Maintenance
A schedule of planned maintenance actions aimed at preventing breakdowns and failures of equipment before they occur.
Receivables
Receivables, also known as accounts receivable, are amounts owed to a business by its customers for goods or services delivered but not yet paid for.
Root-Cause
The fundamental reason for the occurrence of a problem or event.
Cost Drivers
Factors or activities that have a direct impact on the cost of a product or service, influencing how much resources are used and the overall cost incurred.
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