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The upside capture measure is always less than one hundred percent.
General Ledger
A comprehensive accounting record of a company’s financial transactions over its life, encompassing all accounts.
Chart of Accounts
An organized list of all accounts in a business entity's financial records, each with a unique account number.
Account Names
Specific titles given to accounts that reflect the nature of the transactions they represent in the accounting records.
Account Title
The name given to an account that reflects the type of transaction it represents, such as "Sales Revenue" or "Accounts Payable."
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