Accounting Is a Process Whereby Business Operations and Activities Are

question 61

True/False

Accounting is a process whereby business operations and activities are measured, and the measurements are processed into information that is made available to decision-makers.

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Definitions:

Sales Targets

Specific, quantifiable objectives set for a sales team or individual sales representatives to achieve within a specific time frame.

Training

An organization's planned efforts to help employees acquire job-related knowledge, skills, abilities, and behaviors, with the goal of applying these on the job.

Learning Organization

An organization that actively encourages, facilitates, and utilizes the learning of its members to continuously transform itself for better performance and innovation.

Human Resources

The department within an organization responsible for hiring, administering employee benefits, and managing employee relations and training.