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Gilles is the project manager of a large project with a team of over 20 staff who are located all over Toronto.He would like to have a system whereby the team can communicate effectively and share resources.What could help Gilles?
GAAP
Generally Accepted Accounting Principles, a set of accounting rules and standards used in the United States for preparing financial statements.
IFRS
A collection of worldwide accounting rules for financial reporting, known as International Financial Reporting Standards.
Credit Card Sale
A transaction in which the purchase of goods or services is made using a credit card, allowing customers to delay payment and sellers to receive immediate funds.
Grace Period
A set period of time after the due date during which payment can be made without penalty.
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