Examlex
Which of the following is an importance of the Bernard/Krogh principle?
Tangible Assets
Physical assets that can be touched or seen, such as machinery, buildings, vehicles, and inventory, which have a value and are owned by a business.
Escrow Settlement
A financial arrangement where a third party temporarily holds and regulates payment of the funds required for two parties involved in a given transaction.
Accountant
A professional responsible for managing and examining financial records and ensuring accuracy and compliance with laws.
Buyer And Seller
Individuals or entities involved in the transaction of goods or services, where the buyer acquires these from the seller in exchange for money.
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