Accounting system comprisises of collecting data, processing data and using information to make decisions
Accounting - Understanding and using accounting information
Understanding and using accounting information
An understanding of the accounting system is an important first step in
Three basic steps
Basically this topic is about Output. The data (input) has been collected
and sorted into records from which reports have been prepared (process) and
now it is up to you to use that information to make decisions (output).
There are several steps in using output:
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