Examlex
Match the following:
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Single-Entry System
An accounting method where each financial transaction is recorded only once, either as an expense or income, making it simpler but less comprehensive than double-entry systems.
Cash Flow
The total amount of money being transferred into and out of a business, affecting its liquidity, solvency, and overall financial health.
Debt Collection
The process of pursuing payments of debts owed by individuals or businesses.
Inventory Control
The process of managing the ordering, storage, and use of goods or materials to ensure availability while minimizing excess supply.
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