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A Project May Satisfy Immediate Needs by Being Efficient,impacting the Customer

question 10

Essay

A project may satisfy immediate needs by being efficient,impacting the customer positively,and achieving business success.If the project helps open new markets,product lines or helps develop new technology,it would also meet the ________ criterion.


Definitions:

Journal Entries

The basic building blocks of accounting, representing financial transactions recorded in a company's ledger.

Posting

The process of transferring financial information from the journal to the respective accounts in the ledger, a crucial step in the accounting cycle.

Cash Account

A financial account that records cash transactions in and out.

Posting Reference

A code or number used in accounting to indicate the ledger account to which a transaction has been posted.

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