Examlex
Hierarchic escalation is BEST described as?
Expenses
The outflows or consumption of assets or incurring/liabilities (creating a liability) from a company's operations aimed at generating revenue.
Revenue
The total income generated from normal business operations, including sales of goods and services before any expenses are subtracted.
Withdrawals
The removal of funds from a bank account or the taking out of cash or assets from a business by its owner for personal use.
Assets
Economic resources owned or controlled by a business, expected to bring future benefits.
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