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Most employers use the_____________________, which is a formal discipline process in which repeated negative behavior results in more serious disciplinary measures.
External Transactions
Financial activities involving an entity and another party outside the entity, such as sales, purchases, and financing agreements.
Basic Accounting Equation
The fundamental principle of accounting: Assets = Liabilities + Equity, reflecting the balance of a company's financial position.
Internal Transactions
Financial activities that occur within an organization, affecting the internal accounts without involving any external entity.
Chronological Diary
A record of events or transactions arranged in the order of time occurrence, often used for maintaining personal or financial information.
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