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Upward communication involves
Accrued Revenues
Revenues that have been earned but not yet received in cash or recorded by the company.
Earned
Earned refers to revenues or incomes that have been generated through business activities or provided services within a certain period.
Accumulated Depreciation
The total depreciation of an asset up until a single point in time, showing how much of its value has been used up.
Balance Sheet
A financial statement that summarizes a company’s assets, liabilities, and shareholders' equity at a specific point in time, offering a snapshot of its financial health.
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