Examlex
The re-engineering process requires reorganization around horizontal processes; the executive team knows this announcement will create resistance to change and stress in the organization.Because this change does not have to be announced for another few months,it is agreed the weekly blog will not report on this matter.This strategy for overcoming resistance to change is called
Cash Basis
An accounting method where revenues and expenses are recognized when cash is received or paid, as opposed to when they are incurred.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations and external investment sources.
Accrued Expenses
Expenses that have been incurred but not yet paid or recorded by the end of the accounting period.
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