Examlex
The major benefit of diversification is to:
Inventory
The total amount of goods and materials held by a business for resale or production.
Notes Payable
Financial obligations or loans that a company must repay to creditors, typically documented through formal agreements.
Chart Of Accounts
A list of all accounts used by a business, categorized into assets, liabilities, equity, revenue, and expenses, to organize financial transactions.
Account Numbers
Unique identifiers assigned to individual bank accounts, facilitating transaction processing and account management.
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