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__________ Takes Place When New Information Is Altered to Fit

question 93

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__________ takes place when new information is altered to fit an existing scheme, whereas __________ takes place when a scheme is changed to adapt to new information.


Definitions:

Trade Credit Discounts

Reductions in the price of goods or services offered by suppliers to their customers as an incentive for early payment.

Performing Poorly

A term used to describe assets, investments, or businesses that are not achieving expected levels of profit or performance.

Cash Budgets

Financial plans that estimate future cash receipts and expenditures over a specific period.

Planning Purposes

The process of preparing for future operations or activities by setting objectives, developing strategies, and outlining tasks and schedules to accomplish the goals.

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