Examlex
Sociology provides a method to assess the accuracy of our commonsense assumptions about the social world.
Accounts Receivable
Unsettled financial obligations to a corporation from its customers for products or services already delivered or engaged in, awaiting payment.
Accounts Payable
Money owed by a business to its suppliers shown as a liability on the company’s balance sheet.
Just-in-time
An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
Restrictive Policy
Measures taken by a government or financial institution to limit borrowing and spending in an attempt to curb inflation or stabilize the economy.
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