IOU Definition

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IOU is an informal debt instrument in the form of a written promise to pay back money owed; e.g., personal loans and professional services.

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TRANSACTION DRIVERS are used to count the frequency of an activity, i.e., the number of times an activity is performed.

ATP (Accredited Tax Preparer), in the US, is a national credential conferred by Accreditation Council for Accountancy and Taxation to professionals who have a thorough knowledge behind the existing tax code and tax preparation of individuals, corporate and partnership tax returns.

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