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Which of the following is not among the management accounting profession's response to changes in the contemporary business environment?
Sub-classifications
Specific categories within a broader class that help in organizing data, information, or resources more precisely.
Current Assets
Assets expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business.
Financial Statements
Compiled financial data from a company, including the income statement, balance sheet, statement of cash flows, and statement of changes in equity, providing insight into its financial health.
Accounts Receivable
Liabilities of clients to a company for received goods or services awaiting payment.
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