Examlex
What would be the number of intelligent civilizations in our galaxy if all stars formed planets, each planet has a 0.1 percent change of supporting life, and every time conditions are right life develops, but only 0.001 percent of the time intelligent life develops, and once it develops it survives indefinitely?
Internal Control Procedures
Systems and policies put in place by a company to ensure the accuracy and integrity of financial and accounting information, prevent fraud, and comply with laws.
Cash Receipts
Money received by a business during a set accounting period, including revenue from sales, interest, dividends, and other cash inflows.
Voucher System
A control mechanism in accounting to ensure all business transactions are properly authorized and recorded.
Liabilities
A company's legal financial debts or obligations that arise during the course of business operations, to be settled over time through the transfer of economic benefits including money, goods, or services.
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