Examlex
Explain the different categories of people involved with enterprise resource planning (ERP)systems.
Cost Concept
An accounting principle that states assets should be recorded at their cost at the time of acquisition.
Revaluing Assets
The process of adjusting the book value of a company's assets to their current market value.
Financial Statement
A documented record that outlines the financial activities and condition of a business, entity, or individual.
Service Business
A type of business that provides intangible products, such as expertise, time, or activities, to customers rather than physical goods.
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