Examlex
The three techniques of active listening are __________, __________ and __________.
Vouchers Payable
Represents liabilities or amounts owed by a company to its suppliers or vendors, documented through vouchers.
Periodic Method
A method of inventory accounting where updates to inventory levels and cost of goods sold are made at the end of an accounting period.
Gross Method
An accounting method where purchases are recorded at their full purchase price without deducting any cash discounts.
Periodic Inventory Method
An accounting practice where inventory levels and cost of goods sold are calculated at predetermined intervals, such as monthly or annually.
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