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Amongst Other Things, the Complexity in the Modern Workplace Requires

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Amongst other things, the complexity in the modern workplace requires


Definitions:

Internal Controls

Procedures and processes implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Documentation

The process of creating, compiling, and maintaining records and detailed information.

Partnership

A lawful business structure involving two or more people who jointly manage and share the earnings.

Financial Accounting Standards Board

An independent organization responsible for establishing and improving financial accounting standards in the United States.

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