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What are the advantages and disadvantages of the informal organisational structure?
Accrued Fees
Charges that have been incurred but not yet paid or recorded at the end of a reporting period, representing liabilities on the balance sheet.
Earned
Earned typically refers to income or revenue that has been generated from businesses activities or investments and is recognized upon the delivery of goods or services.
Clients
Individuals or entities that receive services or products from a business in exchange for payment.
Liability Insurance
Insurance that provides protection against claims resulting from injuries and damage to people and/or property, covering legal costs and payouts for which the insured party is responsible.
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