Examlex
__________ is that part of supply chain management that plans, implements, and controls the flow of goods, services, and information between the point of origin and the final customer.
Accrued
Refers to amounts that are recognized in the financial statements before the cash transactions occur, representing liabilities for goods and services received but not yet paid.
Routine Entry
Repeated and standard accounting entries made for recurring transactions within a business's financial records.
Expense
An outflow of cash or other valuable assets from a person or company to another entity in exchange for goods or services.
Deferral
Recognition of revenue or expenses in a period different from when the transaction actually occurred, usually related to prepaid expenses or unearned revenue.
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