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In Service Organizations,one of the Major Links in the Supply

question 8

Multiple Choice

In service organizations,one of the major links in the supply chain includes _____.


Definitions:

Recording

The act of documenting financial transactions in the books of accounts as part of the accounting process.

Transactions

Financial events that affect the assets, liabilities, or equity of a company, recorded in its accounting system.

Accounting

The systematic process of recording, measuring, and communicating information about financial transactions.

Risk

The exposure to uncertainty or potential financial loss in decision-making and investment.

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