Asked by Adrieanna Davis-Coco on Jun 08, 2024
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Once an accounting system has been implemented, feedback will be used to continuously analyze and improve the system.
Accounting System
A comprehensive process of collecting, recording, classifying, and summarizing financial information for business transactions.
Feedback
Measures provided to operational employees or managers on the performance of subunits of the organization. These measures are used by employees to adjust a process or a behavior to achieve goals. See management by exception.
- Establish the components and sequences in the lifecycle of an accounting system, entailing system analysis, design, and feedback.
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Learning Objectives
- Establish the components and sequences in the lifecycle of an accounting system, entailing system analysis, design, and feedback.
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