Examlex
What term best describes any premeditated,politically motivated attack against information,computer systems,computer programs,and data which results in violence against noncombatant targets by subnational groups or clandestine agents?
Accounting System
A structured process of collecting, recording, summarizing, and reporting financial transactions of a business or individual.
Accrual Basis of Accounting
An accounting method where income and expenses are recorded when they are earned or incurred, regardless of when the cash transactions occur.
Cash Basis
An accounting method where revenue is recorded when cash is received, and expenses are recorded when cash is paid out.
Adjusting Entries
Journal entries made at the end of an accounting period to update account balances for accruals and deferrals that are not recorded through regular transactions.
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