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In your role as a consultant for people buying new computer systems, you always work hard to stay abreast of the latest memory requirements for your users.
Another client is installing her new memory modules today. Which of the following is an instruction or piece of advice you give her?
Supplies
Items used in the operations of a business, often consumable, such as office supplies or factory supplies, not directly part of the finished product.
Notes Payable
A financial obligation represented by a written promise to pay a certain amount of money at a future date or dates, typically carrying interest.
Historical Cost Principle
A financial reporting rule mandating that assets are documented and presented at their initial acquisition price.
Balance Sheet Reporting
The process of disclosing a company's financial health at a given moment by listing its assets, liabilities, and equity.
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