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Internal Controls
Systems and steps a corporation takes to verify the accuracy of financial and accounting reports, encourage responsible behavior, and stop dishonest practices.
Journal
A record where all financial transactions are entered in chronological order, serving as the initial place of recording.
Error Indicating
A term that refers to signals or signs that there are mistakes within a system or process.
Operations
Refers to the daily activities and processes involved in running a business or manufacturing goods.
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