Examlex
Major improvements since the DSM-III include all of the following EXCEPT:
Expenses
Costs incurred in the operations of a business that are necessary for earning revenue.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, often referred to as the net assets or shareholders' equity.
Assets
are resources owned by a business, having economic value and expected to provide future benefits.
Cash
A form of liquid asset representing money in physical or digital form that can be readily used for transactions.
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