Examlex
ODBC stands for _____.
Depreciation Expense
The portion of the cost of an asset that is allocated as an expense over its useful life, reflecting the decrease in value over time.
Overstate Assets
Reporting a company's assets at a value higher than their actual worth, which can inaccurately represent financial health.
Unearned Revenue Account
An account representing cash received for goods or services not yet provided; considered a liability until the service or product is delivered.
Cash Receipt
The collection of money (paper money, coins, checks) received by a business for the sale of goods or services or any other financial transaction.
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