Examlex
Affirmative action programs call for positive steps designed to eliminate the effects of past discrimination. Such programs are now legally required of all firms holding government contracts.
Financial Statements
Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.
Undetected Errors
Mistakes or faults in a process, system, or output that remain unnoticed or uncorrected.
Bank Statement Reconciliation
The process of comparing one's personal or business financial records to the bank's records to ensure they match.
Double-entry Bookkeeping
A bookkeeping technique in which each transaction is recorded by entering corresponding and opposite amounts in two different accounts.
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