CALEA Stands for __________

question 54

Short Answer

CALEA stands for __________.

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Definitions:

Operating Expenses

The costs related to the day-to-day operations of a business, excluding the cost of goods sold.

Appropriate Code Letter

A specific letter or abbreviation designated to represent a particular category or item in accounting or data classification.

Merchandise

Goods bought and sold by a business in the ordinary course of its trading activity.

Credit

An accounting entry that increases liabilities or equity or decreases assets, or an arrangement to receive cash, goods, or services now and pay for them in the future.