Examlex
Systems analysis and design is the process of creating and maintaining information systems.
Reliable Estimate
A calculation or assessment regarding figures or outcomes that is deemed dependable based on available evidence.
Contingent Liability
A contingent liability is a potential financial obligation that may arise depending on the outcome of an uncertain future event.
Accrual
A bookkeeping approach that logs income and expenditures at the time they occur, irrespective of the timing of actual cash transactions.
Financial Statement
A formal record of the financial activities and position of a business, person, or other entity, presenting the financial results and health of the entity.
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