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Which of the following principles of competitive advantage is related to process implementations?
General Liability Insurance
General Liability Insurance is a type of insurance policy that provides cover to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises.
Adjusting Journal Entry
An entry in accounting that is made at the end of an accounting period to record any unrecognized income or expenses for the period.
Asset
An item of value owned by an individual or corporation that is expected to provide future economic benefits.
Adjusting Entry
A journal entry made in accounting records to update the book values of certain assets or liabilities to their correct amounts.
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