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Transactions Do Not Need to Be Recorded in the General

question 110

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Transactions do not need to be recorded in the general journal before they can be recorded in the special journals.


Definitions:

Project Manager

A professional responsible for planning, executing, and closing projects, overseeing the work to achieve project goals.

Internal And External Relationships

Refers to the interactions and connections an organization has with its internal stakeholders (employees, departments) and external entities (suppliers, customers, regulatory bodies).

Roles

The functions or parts played by individuals or elements in a particular situation or process.

Flip Chart

A pad of large paper sheets on a stand used for displaying information in an interactive meeting or presentation.

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