DIRHAM Definition

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DIRHAM is a currency of Morocco and United Arab Emirates.

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FINANCIAL SYSTEM is an information system, comprised of one or more applications, that is used for any of the following: collecting, processing, maintaining, transmitting, and reporting data about financial events; supporting financial planning or budgeting activities; accumulating and reporting cost information; or supporting the preparation of financial statements.

INSOLVENCY occurs when a business is unable to pay debts as they fall due.

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