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AMA Chapter 12
Terms in this set (14)
An amount of money or credit furnished in anticipation of repayment.
An ordered item that is not delivered when promised or demanded but will be filled at a later date.
A plan for the coordination of resources and expenditures; the amount of money available or required for a particular purpose.
Lessened markedly in quantity, content, power, or value.
Differences between conflicting facts, claims, or opinions.
An accounting period of 12 months during which a company determines earnings and profit; the fiscal year does not necessarily begin in January; the business determines the beginning of its fiscal year.
A payment in recognition of acts or professional services, usually on a special occasion.
To become liable or subject to; to bring down upon oneself.
To cause to become less harsh or hostile; to make less severe or painful.
The practice of subcontracting work to an outside company.
The ongoing administrative expenses of a business that cannot be attributed to any specific business activity but are still necessary for the business to function (e.g., rent, utilities, insurance).
A list of items included in a shipment.
By the day; per day. An allowance for daily expenses.
Acting in anticipation of future problems, needs, or changes.
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