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If a subordinate's trust in the supervisor is low,then there will be a high distortion in upward communication because the employee will not pass up all information.
Deferred Revenue
Income received by a company for goods or services yet to be delivered or performed, recorded as a liability on the balance sheet.
Liability
A financial obligation or debt owed by a business or individual to others, which requires settlement in the future.
Asset
Resources owned or controlled by a business, expected to produce future economic benefits.
Accounting Period
A specific period of time used for financial reporting, typically a quarter or year.
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