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Why have accounting software packages been designed with separate transaction modules?
5-Year Bank Loan
A financial agreement where a bank lends money to a borrower, to be repaid with interest over a five-year period.
Intangible Assets
Non-physical assets that have value, such as trademarks, patents, copyrights, and goodwill.
Patents
Legal documents granting exclusive rights to inventors for their inventions, protecting them from unauthorized manufacturing or selling.
Copyrights
Legal rights granted to the creators of original works, protecting them against unauthorized use or reproduction.
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