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ITI Inc.,a software company,is currently looking for employees to fill vacant positions.It is looking for prospective candidates who are enthusiastic about work and willing to share their knowledge with their colleagues on various topics related to their field.The HR department is responsible for finding the right type of candidate to fit the roles in the organization.In this scenario,the HR department at ITI Inc.is engaged in _____.
International Financial Reporting Standards
A set of globally accepted accounting principles and standards that guide the preparation of financial statements.
Preferred Accounting Practices
Established accounting methods and procedures that are considered acceptable because they reflect the complexities of business transactions, ensuring accuracy and consistency.
Financial Statements
Reports that summarize the financial performance and position of a company, including income statement, balance sheet, and statement of cash flows.
Accounting Practice
Refers to the standardized methods and procedures used by accountants to prepare financial statements and records.
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