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A ____ is an object attached to a user's account that validates the user's identity and privileges they have to resources.
Payroll
The total amount of wages and salaries paid by a company to its employees for a set period, including necessary taxes and deductions.
Share of the Profits
This term refers to the portion of a company's profits allocated to its shareholders or partners, indicating their financial gain from the business's success.
Closing Entry
Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.
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