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Why do organizations need an adaptable workforce?
Accounting Entities
Organizations or business units considered separate from their owners for accounting purposes.
Prospective
Relating to or effective in the future, often used in planning and forecasting scenarios.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.
Depreciation Expense
The portion of the cost of a fixed asset that is considered consumed in each period of the asset's useful life.
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