Integrated Accounting Software Programs Process Accounting Transactions Only

question 12

True/False

Integrated accounting software programs process accounting transactions only.

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Definitions:

External Benchmarking

The process of comparing a company's performance metrics to those of industry peers or competitors outside the organization to identify best practices.

Employee Empowerment

Enlarging employee jobs so that the added responsibility and authority is moved to the lowest level possible.

ISO 14000 Certification

A family of standards related to environmental management systems that helps organizations minimize how their operations negatively affect the environment.