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What system is used for forecasting sales?
General Journal
A primary accounting record where financial transactions are entered before being posted to ledger accounts.
Accounts Receivable
Represents money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Horizontal Analysis
A technique in financial analysis where line items on financial statements are compared across subsequent periods to identify trends or significant changes.
Vertical Analysis
A method in financial analysis where each entry in a statement is listed as a proportion of another item, often used to compare line items over different periods.
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