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Scenario: Kleen Waterproofing
Dave Docket, the installation manager at Kleen Waterproofing, has been receiving customer complaints that several crewmembers either come late to the job or they don't show up at all without any communication with the customers.The job completion dates keep getting delayed and customer dissatisfaction keeps increasing.Dave has also just hired several new employees who are motivated, able to perform their jobs, and have adequate resources.However, they aren't sure what tasks are included in their job.Dave is wondering how he can understand what is going on with his crew behavior and what can he do to improve the situation.
-According to the MARS model, the new employees Dave has hired will likely:
Subsidiary Ledger
A detailed ledger that provides a breakdown of individual transactions affecting a specific general ledger account, facilitating in-depth analysis and reconciliation.
General Ledger
A comprehensive record of all financial transactions over the life of a company.
Individual Balances
The amounts recorded in separate accounts representing various assets, liabilities, or equity of an individual or entity.
Special Journal
A specialized accounting journal designed to record a particular type of transaction consistently, such as sales or cash disbursements.
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