Increased Training Can Substitute for Bureaucratic Rules and Procedures

question 15

True/False

Increased training can substitute for bureaucratic rules and procedures.

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Definitions:

Customer Number

A unique identifier assigned to each customer for the purpose of tracking transactions and accounts in a business's record system.

Transaction

An agreement or exchange between two parties that results in the transfer of goods or services for monetary value.

Business

An organization or enterprise engaged in commercial, industrial, or professional activities, aiming to generate profits through providing goods or services.

Adjusting Accounts

The process of updating ledger accounts through adjusting entries to reflect accurate financial activity and positions.