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Identify/define and explain the significance of the following: NKVD.
Employee Benefits Expense
Costs incurred by a company to provide benefits to its employees, such as health insurance, retirement plans, and sick leave.
Medical Care
The provision of services by healthcare professionals to maintain, improve, or manage the health of individuals.
Insurance Benefits
Payments or services provided by insurance companies to policyholders when certain events or circumstances occur, outlined in an insurance policy.
Payroll Bank Account
A specific bank account used by businesses exclusively for processing payroll and associated employee payments.
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