Several terms which represent components of an accounting system are listed below. For each term, write a brief explanation of how that component is used in the accounting cycle.
Definitions:
Assertiveness
Involves expressing one's thoughts, feelings, and beliefs in a direct, honest, and appropriate way that respects the rights of others.
Cooperative Responses
Reactions or behaviors that involve working together towards a common goal or solving a problem collectively.
Managing Conflict
The process of identifying and addressing differences that have the potential to disrupt harmony and productivity in an organization or relationship.
Assertiveness
The quality of being self-assured and confident without being aggressive, allowing for clear and direct communication.
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