Examlex
Which best describes the tension between central control and subsidiary initiative in a large firm?
Credit
An accounting entry that either increases a liability or equity account or decreases an asset or expense account.
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership interest.
Assets
Economic resources owned or controlled by a business, expected to provide future benefits.
Supplies
Items or materials used in the operation of a business, often consumable in nature.
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