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Using a Computerized Accounting System Eliminates the Need to Prepare

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True/False

Using a computerized accounting system eliminates the need to prepare a trial balance.


Definitions:

Daily Sales

The total revenue generated from sales of goods or services in a single business day.

Personnel File

A collection of records pertaining to an employee's history and performance in an organization.

Kilometres

A unit of length in the metric system, equal to 1,000 meters, commonly used to measure distances between geographical locations.

Minutes

Units of time equal to one sixtieth of an hour, or 60 seconds, used to measure duration.

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