What Are 2 Governmental Requirements When Documenting a Contact with a Client?​

question 4

Short Answer

What are 2 governmental requirements when documenting a contact with a client?​

Recognize the proper use and significance of the posting reference column in the ledger.

Prepare and record transactions in journal entries.

Understand the purpose and process of posting transactions from the journal to the ledger.

Distinguish between various financial periods, including fiscal and natural business years.

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Definitions:

Body Language

Non-verbal communication through physical behaviors, such as gestures, postures, and facial expressions, which can convey feelings and attitudes.

Courtesy

A respectful and considerate behavior towards others, marked by politeness and good manners.

Networking Event

An organized gathering designed to promote the establishment and development of business relationships and professional contacts.

Business Card

A small card printed with one's personal business information, such as name, contact details, and company affiliation, used for networking purposes.