Examlex
The correct order of development in strategic management is:
Net Income
The residual income of a company after all expenses have been deducted from revenues.
Accounts
Financial records that track the financial transactions and positions of a business, including assets, liabilities, revenue, and expenses.
Balances
The amount of money or value remaining in financial accounts, such as in banking or accounting.
December 31
The last day of the year, commonly used as a cutoff date for accounting and financial reporting purposes.
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