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Using _____ Software Allows Users to Structure Future Business Processes

question 41

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Using _____ software allows users to structure future business processes graphically and to analyze these processes by means of spreadsheets.


Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to record revenues and expenses in the period in which they actually occurred.

Supplies Expense

Represents the cost of supplies used during an accounting period, differentiating from supplies bought but not yet used.

Net Income

The total profit or loss of a company after all expenses, taxes, and costs have been deducted from total revenue, a key indicator of financial performance.

CPA Services

Professional services offered by Certified Public Accountants, including auditing, tax preparation and planning, and financial consulting.

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