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The Use of ________ Allows Us to Be Connected with Anything

question 21

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The use of ________ allows us to be connected with anything, anywhere, and at any time.


Definitions:

Virtual Close

A method allowing companies to quickly estimate their financial position at any given time without waiting for the formal closing process.

Flash Reporting

A type of financial report that provides an immediate snapshot of a company's financial condition, often used for internal decision-making purposes.

Accounting Books

Official records that systematically track all financial transactions and financial statements of an entity over time.

Cost Centre

A segment of an organization where costs can be identified and attributed directly, but which does not directly generate revenue.

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