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Maturity models, statistical methods, and test plans are examples of tools used in quality management.
Adjusted Trial Balance
A list of all accounts and their balances after adjustments have been made for errors, accruals, and deferrals.
Trial Balance
A bookkeeping report that lists the balances of all ledgers in two columns, debits and credits, to verify that total debits equal total credits.
Note Receivable
A written promise to pay a specified amount of money, along with interest, by a certain date, recognized as an asset on the balance sheet.
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