Connect Chapter 14
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Through the recording, classifying, summarizing, and interpretation of financial events in an organization, the function of ___ helps managers make good decisions about the firm's operations.
Accounting
If financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?
Accounting information
The first step in the accounting cycle is to ___
analyze source documents
What are some benefits of using computers for accounting purposes?
Information can be posted from journals instantaneously. Software can help if no strong accounting support is available. It frees accountants' time for more important tasks.
