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What Is a Self-Contained System That Does Not Rely on Other

question 33

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What is a self-contained system that does not rely on other systems to operate?


Definitions:

Trial Balance

An informal listing of the ledger accounts and their balances in the ledger to aid in proving the equality of debits and credits.

Cost Center

A department within a company where costs can be allocated, but which does not directly generate revenue.

Administrative Department

A segment within an organization responsible for managing general operations and administrative tasks.

Profit Center

A segment or department within a business that is responsible for generating its own revenue and profits.

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