A Ledger Is the First Place Where Transactions Are Recorded

question 48

True/False

A ledger is the first place where transactions are recorded in the accounting system.

Recognize the role of family and community in the care of culturally diverse clients.

Identify legal and ethical considerations in culturally competent care.

Recognize the importance of self-awareness in providing culturally safe care.

Understand the consequences of cultural assimilation and loss on health outcomes.

---

Definitions:

Enterprise Resource Planning

Integrated management software systems that are used to collect, store, manage, and interpret data from various business activities, facilitating information sharing across the organization.

SCM

Supply Chain Management, the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Just-In-Time Production

A manufacturing methodology aimed at reducing inventory costs by producing goods only as they are needed in the production process or by the customer.

Inventory Replenishment

The process of adding stock to inventory to maintain desired levels and fulfill customer orders without delay.