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_____ refers to a systematic planned strategic effort by a company to attract, retain, develop, and motivate highly skilled employees and managers.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, deterioration, or obsolescence.
Adjusting Entries
Journal entries made in accounting records at the end of an accounting period to update account balances before preparing financial statements.
Net Income
The residual financial benefit a company experiences after expenses and taxes are subtracted from its income.
Fiscal Year
A 12-month period used for accounting and financial reporting purposes, which may or may not align with the calendar year.
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