A Friend of Yours Says That Groups Are Not Real,because

question 74

Essay

A friend of yours says that groups are not real,because if we understand the people in the group then we understand the group itself.Give at least three reasons why your friend is mistaken.

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Definitions:

Asset Accounts

Accounts that represent resources owned or controlled by a company that have future economic value.

Accounts Payable

Financial obligations of a company towards creditors, resulting from goods and services acquired on a credit basis.

Unearned Revenue

Money received by a company for goods or services that have not yet been delivered or performed, considered a liability until the income is earned.

Cash

Money in the form of coins or banknotes, especially that held to conduct transactions or as part of a business's liquid assets.