Examlex
After the completion of an audit, the taxpayer has ____________________ days to petition the Tax Court to modify the proposed tax due.
or
Bank Reconciliation
Bank reconciliation is the process of comparing and matching figures from the accounting records against those shown on a bank statement to ensure they are in agreement.
NSF Check
A check that cannot be processed because the account it's drawn on does not have sufficient funds.
Outstanding Checks
Checks that have been written and recorded in the paying entity's accounting system but have not yet been cashed or cleared by the bank.
Purchase Requisitions
Purchase requisitions are formal requests made within an organization to purchase goods or services, typically before a purchase order is created and allocated the necessary budget.
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