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You recently chaired a team implementing new federal confidentiality requirements. After implementation, you must evaluate each team member's performance. Which of the following suggestions about giving constructive criticism is not accurate?
Accounting Period
The time span during which financial activities are recorded and reported, commonly a fiscal year or quarter.
Expense Accounts
Accounting categories used to track money spent or costs incurred in a company’s operations.
Adjusting Entries
Journal entries made at the end of an accounting period to allocate revenue and expenses to the proper period.
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