Examlex
CRM cannot be implemented in B2B marketing because the field sales force owns customer relationships.
Sick Pay Policy
A company's formal plan detailing the compensation employees receive when they are unable to work due to illness.
Vacation Pay
This refers to the compensation employees are entitled to receive for days they are on vacation and not working.
Accrual
Accrual accounting records revenues and expenses when they are earned or incurred, regardless of when cash transactions occur.
Loss Contingencies
Possible financial losses that companies may face as a result of future events that have uncertain outcomes, necessitating disclosure in financial statements if they are both probable and estimable.
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