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In a Computerised Accounting System, Processing Which Allows Accountants Time

question 36

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In a computerised accounting system, processing which allows accountants time to check the entries for accuracy before they are posted is called:


Definitions:

Value Chain

A series of activities that a company performs to deliver a valuable product or service to its customers.

Channels of Distribution

The pathways through which goods and services flow from the producer to the consumer or end-user in the market.

Opportunity Creation

The process by which new business or investment opportunities are identified, developed, and exploited.

Fragmented Industry

An industry characterized by a large number of small firms, where no single company has a significant market share or power to dominate the industry.

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