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What two approaches are used to identify the characteristics of successful managers?
Double-Entry Bookkeeping System
An accounting principle where each financial transaction is recorded in two accounts, ensuring the books are always balanced.
Single-Entry System
An accounting method where each financial transaction is recorded only once, either as an income or an expense.
Business Operating Expenses
Costs associated with the day-to-day functions of running a business, excluding the cost of goods sold.
Suppliers
Entities that provide goods or services to another organization or individual.
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