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Which of the following is true of the council-manager form of city government?
Accounting Period
The span of time at the end of which a company's financial statements are prepared, typically a quarter or year.
Cost Effectiveness
A measure of the economic efficiency in terms of the cost incurred for a given outcome or result.
Accounting System
An organized set of manual and computerized accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data.
Accounting Report
Documents that summarize the financial performance and position of an entity, such as income statements and balance sheets.
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