Examlex
Voluntary and involuntary permanent withdrawal of an employee from an organization is termed "absenteeism."
Service Contract
An agreement between a service provider and a customer to deliver specified services over a set period.
Adjusting Journal Entry
A bookkeeping adjustment recorded at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.
Liability Insurance
Insurance coverage that protects against claims arising from injuries or damage to other people or property.
Prepaid Insurance
The portion of an insurance premium that has been paid in advance and is recognized as an asset until it is consumed over time.
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