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Oftentimes, a larger number of people claim that they voted in their recent local elections than the number that actually did vote. This is perhaps because more people believed that they should have voted. This belief is an example of
EMS
Emergency Medical Services, a system that provides urgent pre-hospital treatment and stabilization for serious illness and injuries and transport to definitive care.
Petty Cash Fund
A small amount of cash kept on hand for making immediate payments for miscellaneous small expenses.
Journal Entries
Records of financial transactions in the accounting system, where each transaction requires a debit and a credit.
Understated
Describes an item that is reported at a figure less than the actual amount.
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