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In Computerized Systems, Posting Occurs Instantly and Automatically After Journalizing

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In computerized systems, posting occurs instantly and automatically after journalizing.


Definitions:

Performance Targets

Levels or rates of improvement that management wants to achieve for performance metrics.

Employee Incentives

Rewards or benefits offered to employees to motivate them and improve their job performance.

Strategy Map

Arrows added to the balanced scorecard showing the expected cause-and-effect relationships among strategic objectives.

Value Chain

The full range of activities that businesses go through to bring a product or service from conception to delivery to the consumer.

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