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How is basis of accounting defined?
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A basis of accounting can be defined as the time various financial transactions are recorded. The cash basis (EU VAT vocabulary Cash accounting) and the accrual basis are the two primary methods of tracking income and expenses in accounting.
What?s the difference between a college and a university?
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Colleges offer only undergraduate degrees while universities offer graduate degrees as well, but the terms are often used interchangeably.
What does a health care manager do?
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Medical and health services managers, also called healthcare executives orhealthcare administrators, plan, direct, and coordinate medical and health services. They might manage an entire facility, a specific clinical area or department, or a medical practice for a group of physicians.