Examlex
One advantage that modern large organizations have over traditional formal bureaucracies is that:
Receivable
Funds that customers owe to a business for products or services already provided but not yet compensated for.
Bad Debt Reserve
An account set aside by a business to cover unpaid debts that are unlikely to be recovered.
Accounts Receivable
Money owed to a company by its customers for products or services that have been delivered but not yet paid for.
Deductions
Items of expenditure that the tax code allows taxpayers to deduct from income to arrive at taxable income.
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