COMPANY Definition

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COMPANY is an organized group of people to perform an activity, business or industrial enterprise.

Learn new Accounting Terms

DEMAND NOTE is a note payable on demand from the person who is owed the money.

BUDGET CONTROL is actions carried out according to a budget plan. Through the use of a budget as a standard, an organization ensures that managers are implementing its plans and objectives. Their actual performance is measured against budgeted performance.

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