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Scientific Management Is the Standardization of Work Procedures, Tools, and Conditions

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Scientific management is the standardization of work procedures, tools, and conditions of guests.


Definitions:

Accounting Information System

A system designed to collect, store, manage, process, retrieve, and report financial data for decision making.

Flexibility Principle

In accounting, it refers to the principle that financial reporting and its practices should be flexible enough to adapt to changes in the business environment or in accounting standards.

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