Examlex
Which of the following is NOT considered a benefit of information technology to entrepreneurs
Closing Costs
Expenses, over and above the property cost, that buyers and sellers normally incur to complete a real estate transaction.
Historical Cost Principle
An accounting principle that assets should be recorded and reported at their original purchase cost.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
Major Classes
Categories or groups into which business assets, liabilities, equity, income, and expenses are divided for organizational and reporting purposes.
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