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Sienna used a stack of sales invoices to record journal entries in the AIS.She used those entries and others to prepare an income statement that was later reviewed by her supervisor.The supervisor's review could best be described as which generic element of the AIS?
Nullification Crisis
A political crisis during Andrew Jackson's presidency involving a confrontation between South Carolina and the federal government over the state's attempt to nullify federal tariffs.
Historical Significance
The importance assigned to an event, object, or person in history due to its impact or influence on the present or future.
Bank War
Refers to the political struggle in the early 1830s between U.S. President Andrew Jackson and the supporters of the Second Bank of the United States.
Historical Significance
The importance of an event, person, or place in history due to its impact on subsequent events or its symbolic value.
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