Examlex
Management of risk is now part of the intelligence-led policing strategy. Which term expresses the idea that the police are in the best position to gather and store knowledge about crime and security?
Expense Recognition
An accounting principle that dictates the conditions under which an expense is recognized and recorded in financial statements.
Revenue
The total amount of income generated by the sale of goods or services related to a company's primary operations.
Liability
A financial obligation or amount owed by a company to another party.
Asset
An economic resource that is owned or controlled by an individual or entity, expected to provide future benefits.
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