Examlex
Which of the following is not a phase of hemostasis?
Depreciation
An accounting method of allocating the cost of a tangible asset over its useful life to account for declines in value over time.
Plant Assets
Durable physical assets employed in the running of a business, designed for long-term use and not for being sold off.
Accrued Expenses
Expenses that have been incurred but not yet paid or recorded in the company's financial statements.
Accrued Revenues
Revenues that have been earned but not yet received in cash or recorded at the statement date, common in service-related transactions.
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