Companies operating in the United States rely on the guidelines established in the generally accepted accounting principles (GAAP). Under GAAP, a contingent liability is defined as any potential future loss that depends on a “triggering event” to turn into an actual expense. From a journal entry perspective, restatement of a previously reported income statement balance […]
Monthly Archives: september 2023
Recruitment Chatbot: A How-to Guide for Recruiters This can be great in a situation where users do not have questions or need to inquire about other things. Fixed chatbots can provide set information but are basically unable to understand human behavior when they are questioning or perplexed. In addition, this artificial intelligence can also ask […]
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