Examlex
Explain the process for ethical decision making.
Transactions Balance
The amount of money held to facilitate day-to-day financial transactions, reflecting the liquidity needed for regular expenditures.
Loan Requirement
A set of criteria established by lenders that a borrower must meet to qualify for a loan.
Accruals
The accounting method that records revenues and expenses when they are incurred, regardless of when cash is exchanged.
Working Capital
Current assets minus current liabilities, indicating the short-term liquidity of a company and its ability to pay off its obligations.
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