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Because Adjusting Entries Are Recorded on a Work Sheet, They

question 78

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Because adjusting entries are recorded on a work sheet, they do not need to be journalized or posted.


Definitions:

PEST Analysis

An analytical framework used to assess external factors affecting a business's strategy: Political, Economic, Social, and Technological.

Political Factors

Elements related to government policies, political stability, and legislative changes that can impact an organization's operation and strategic decisions.

International Labour Organization

A United Nations agency that sets international labor standards and promotes rights at work.

Rights Of Workers

Refers to the legal and ethical entitlements of employees in the workplace, covering aspects such as fair pay, safe working conditions, and freedom from discrimination.

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