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Define the Following Terms

question 8

Essay

Define the following terms:
-Auburn System

Interpret how companies measure engagement with online stakeholders through tools like sentiment analysis.
Recognize the importance of effective internal communications and the role of email in business settings.
Identify the characteristics, benefits, and limitations of email as a communication tool.
Understand how community Q&A sites can impact personal branding and organization reputation.

Definitions:

Legal Entities

Entities recognized by law that have rights and responsibilities, such as corporations, partnerships, and sole proprietorships.

Accounting Entities

Organizations, businesses, or units for which separate financial statements are prepared, distinct from any other economic activities.

Generally Accepted Accounting Principles

A standard framework of guidelines for financial accounting that includes the details, complexities, and legalities of business and corporate accounting.

Audit

An evaluation, typically by an independent entity, to ensure that an organization's financial records and statements are accurate and in accordance with laws and regulations.

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