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Single-entry System
An accounting method where each transaction is recorded with a single entry to the financial records.
Double-entry Bookkeeping
An accounting method where every entry to an account requires a corresponding and opposite entry to a different account.
Detection of Errors
The process of identifying and correcting mistakes in data, calculations, or processes to ensure accuracy and reliability.
Fraud Visibility
The measure of how easily fraudulent activities or anomalies can be detected within a system or process.
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