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Which of the following is the final step in the communication process?
Perpetual Inventory System
An inventory management system where updates are made continuously as transactions occur, maintaining real-time inventory levels.
Journal Entries
The recordation of financial transactions in an accounting system.
After-tax Earnings
The net income a company generates after all taxes have been deducted from gross earnings.
Physical Reductions
Decreases in the quantity or physical state of assets, often associated with inventory or fixed assets through use, wear, and tear.
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