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A Firm's _____ System Consists of the Combination of Technologies,procedures,and

question 145

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A firm's _____ system consists of the combination of technologies,procedures,and people who collect and distribute the information needed to make decisions and coordinate and control companywide activities.


Definitions:

Warranty Liability

Legal obligation arising from a promise or assurance given by a seller that certain statements about a product or service are true or will be met.

Bearer Instrument

A financial document that entitles the holder or bearer to the rights or assets it represents, without the need to prove ownership.

Signature

A person's handwritten mark or sign, typically used for authorization or as a form of identification in documents.

Primarily Liable

Being directly responsible or obligated to satisfy a debt or legal obligation, especially before any other party.

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