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A(An) ________is recommended as an initial step in the process of determining the relationship intensity of the supply base.
Current Assets
Assets that a company expects to convert to cash, sell, or consume within one year or its operating cycle, whichever is longer.
Short-term Investments
Assets of a financial nature anticipated to be cashed in or disposed of within one year.
Adjusting Entries
Adjusting Entries are journal entries made in accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Closing Entries
Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, thereby preparing the accounts for the next accounting period.
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