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What role does the information systems steering committee play in the systems development process?
Liabilities
Financial obligations or debts that a company owes to outside parties, which must be paid back in the future.
Liabilities
Financial obligations or debts that an entity owes to others, which need to be settled over time via the transfer of economic benefits.
Creditors
Individuals or entities that a company owes money to for goods or services that have been delivered but not yet paid for.
Debtors
Individuals or companies that owe money to another party, often referred to in the context of accounts receivable.
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