________ Is a Process in Which Two or More Parties

question 61

Short Answer

________ is a process in which two or more parties make offers, counteroffers, and concessions in order to reach an agreement.

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Definitions:

Service Accounting System

An accounting system designed to deal with financial transactions and record-keeping in service-oriented businesses.

Departmental Accounting System

An accounting method used to separately track the performance and financial records of different departments within a company.

Service Center

A department or facility providing support services to other units within an organization, often not directly generating profit.

Cost Center

A department or segment of a business wherein costs can be directly attributed, but which does not directly generate revenue.