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__________ Are Planning and Control Systems That Capture and Record

question 27

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__________ are planning and control systems that capture and record all of the company's data from operations,and perform the routine transactions needed to conduct business on an ongoing day-to-day basis.


Definitions:

Payable Account

An accounting record that shows the total amount of money owed to creditors for goods, services, or loans provided.

Employee Health Insurance

An insurance coverage that provides benefit payments for healthcare services to employees, often paid for wholly or in part by employers.

Retirement Program

A financial plan that provides income to individuals after they have ceased working, often involving contributions from both the employer and employee.

Gross Salary

The total earnings of an employee before any deductions like taxes and retirement contributions.

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