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One of the most important parts of systems implementation that is often overlooked or minimized is
Net Income
The total profit of a company after subtracting all expenses from revenue.
Assets
Resources owned or controlled by a business, expected to bring future economic benefits.
Liabilities
Financial obligations or debts owed by a business to external parties, which must be settled over time through the transfer of economic benefits.
Insurance Premium
A periodic payment made by an individual or company to an insurance company in exchange for coverage against specified risks.
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