CASH CYCLE Definition

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CASH CYCLE is the length of time, normally stated in numbers of days, between the purchase of raw materials and the collection of accounts receivable generated in the sale of the final product.

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BRANCH ACCOUNTING is accounting for geographically separated sections of enterprises. The accounting system adopted depends upon the degree to which the branch is controlled from its head office.

IMAGE PROCESSING SYSTEMS scan documents into electronic images for storage. Reference and source documents should not be retained after conversion.

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