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Accounting Process
The systematic series of steps followed in the accounting profession to track and record financial transactions and prepare financial statements.
Systematic Recording
The organized and consistent documentation of data or observations according to a defined procedure or method.
Traveler's Checks
A form of preprinted, fixed-amount cheques used by travelers to safely carry money; they can be exchanged for local currency.
One-Write System
A type of accounting system that allows for data to be entered into ledgers and journals at the same time through the use of carbon paper or a similar method.
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