Examlex
Tech A says that both OSHA and the EPA can inspect facilities for violations. Tech B says that a shop safety rule does not have to be reviewed once put in place. Who is correct?
Business Transaction
An economic event with a third party that is recorded in an organization's accounting system.
Accounting Records
Documents and books that keep track of the financial operations and transactions of an entity or individual, serving as evidence of financial performance and position.
Computer
An electronic device capable of processing, storing, and retrieving data, used for a wide range of tasks from computing to entertainment.
Double-Entry Bookkeeping System
An accounting technique which records each transaction in two accounts, ensuring the total debits equal total credits.
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