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As a Result of Advances and the Complexity of New

question 91

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As a result of advances and the complexity of new technologies there is an increasing demand for knowledge workers.


Definitions:

Account Group

It refers to a collection of accounts that are related in some way, often used in accounting and finance to organize financial records.

Assets

Economic resources controlled by a business or individual that are expected to provide future benefits.

Accounts Receivable

The total outstanding invoices a company has or the amount of money owed by its customers for credit sales.

Normal Balance

The side of the account (debit or credit) where increases to the account are recorded, based on the double-entry accounting system.

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