Examlex
List the five classes of transactions that explain the change in equity on the statement of changes in equity.
Customer Preferences
Refers to the desires, tastes, or inclinations that customers have regarding products or services, which can influence their buying behavior.
Internal Customers
Employees or departments within an organization that rely on others within the same organization for products, services, or information.
Continuous Improvement
An ongoing effort to improve products, services, or processes by making small, incremental improvements over time, rather than through big, radical changes.
Current Performance
The present level of effectiveness and efficiency with which tasks and goals are being achieved by individuals or organizations.
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