Examlex
The emergence of ________ technologies has made it easier for companies all over the world to obtain the latest in server technology.
Fixed Expense
Fixed expense refers to costs that do not fluctuate with the level of goods or services produced by the business, such as rent, salaries, and insurance.
Borrowing Risk
The potential danger that borrowers might not be able to repay their loans or meet other financial obligations, leading to financial loss for the lender.
Accrued Interest
Interest that has been incurred but not yet paid at the end of a period.
Adjusting Entry
An accounting record made to update the financial statements to reflect transactions that have occurred but are not yet recorded.
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