Examlex
Adele is looking at the options for automation tools and needs to choose one that does not require the installation of an agent. Which of the following tools might she choose?
Depreciation Expense
The allocated portion of the cost of a tangible asset over its useful life, recognized as an expense on a company's income statement.
General Liability Insurance
General Liability Insurance is a type of insurance policy that provides cover to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises.
Adjusting Journal Entry
An entry in accounting that is made at the end of an accounting period to record any unrecognized income or expenses for the period.
Asset
An item of value owned by an individual or corporation that is expected to provide future economic benefits.
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