Examlex
Nancy Kempf has been hired by Andersen Manufacturing as a staff accountant in the internal audit department.She has been asked to thoroughly document the existing accounting information system in preparation for making recommendations for improvements.She decides to begin by meeting with the information technology staff in order to develop an understanding of the computer programs used by the system.The documentation tool that he should employ for this purpose is a
Stakeholders
Individuals or groups that have an interest or stake in the performance and actions of a company, including employees, customers, suppliers, and investors.
Return On Investment
A measure of the profitability of an investment, calculating the ratio of net profit to the initial cost of investment.
Dividing
In financial contexts, this can refer to allocating or apportioning financial resources or profits among groups, such as dividends to shareholders.
Responsibility Accounting
A financial tracking system that gathers, compiles, and presents financial data relevant to the duties of specific managers.
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