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A Company Code Is Divided into Several Sales Organizations,each of Which

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A company code is divided into several sales organizations,each of which is responsible for the sale and distribution of goods and services for a particular geographical area.


Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment.

Total Assets

The sum of all resources owned by a company, valued in monetary terms.

Deferral

A financial term referring to the postponement of the recognition of certain revenues or expenses to a later accounting period.

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