Examlex
Which of the following techniques is used to resolve the lost-update problem?
Cash
A form of liquid asset representing money in physical or digital form that can be readily used for transactions.
Services Rendered
Refers to the completion of work or the delivery of a service for which payment is due.
Credit
An accounting entry that either increases a liability or equity account or decreases an asset or expense account.
Owner's Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership interest.
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