Examlex
What two numbers tell us the size and shape of an ellipse?
Financial Reporting
The process of producing statements that disclose an organization's financial status to management, investors, and the government.
Voucher System
An internal control mechanism in accounting that involves the use of vouchers to record transaction details prior to disbursement of funds.
Account Payable
Money owed by a company to its suppliers or creditors for goods or services received, considered a current liability on the balance sheet.
Creditor
An entity (could be a person, organization, government body) to whom money is owed by the debtor for providing a loan, goods, or services on credit.
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