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Water leaking into the crankcase will contaminate the oil. This is called ____________________.
Bookkeeping
The practice of recording all financial transactions, ensuring accuracy and completeness in the financial records of an organization.
Accrual Basis Accounting
An accounting method where income and expenses are recorded when they are earned or incurred, regardless of when the cash is actually received or paid.
Cash Flow
The total amount of money being transferred into and out of a business, affecting the organization's liquidity.
Fund-Raising Results
The outcomes or achievements of efforts to collect financial resources or donations, often critical for the operation and projects of nonprofit organizations.
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