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Span of control can increase without adverse consequences by introducing informal communication and other coordinating mechanisms.
Accrued Interest
Interest that has been incurred but not yet paid, typically referring to the interest on a bond since the last interest payment was made.
Land
A real estate property consisting of the earth's surface, along with any attached natural resources and rights.
Disposal of Asset
The process of selling, scrapping, or otherwise removing an asset from a company's balance sheet, often due to obsolescence, surplus, or a strategic shift.
Note Payable-State Bank
A debt obligation in the form of a written promissory note made to a state bank, specifying the terms under which repayment will be made.
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