Examlex
All of the following are advantages of vertical partitioning EXCEPT:
Internal Control
A process designed to ensure the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with applicable laws and regulations.
Petty Cash Vouchers
Documents used to manage and record small, usually incidental, expenses paid out in cash from a designated petty cash fund.
Nontrade Receivables
Nontrade receivables are amounts owed to a company that are not related to the sale of goods or services, such as loans and advances given.
Advances to Subsidiary
Funds provided by a parent company to its subsidiary as an intra-company loan or for investment purposes.
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