Examlex
Which of the following is a huge database that stores and manages the data required to analyze historical and current transactions?
Direct Method
An accounting approach for the cash flow statement that lists major classes of gross cash receipts and payments.
Deferred Revenue
Deferred revenue is income a company has received for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet until the obligation is fulfilled.
Accounts Receivables
Money owed to a business by its clients for goods or services delivered but not yet paid for.
Insurance
A contractual arrangement where one party, the insurer, compensates another party, the insured, for losses from specific events or dangers.
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