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1. Relate the importance of keeping records.

2. Compare and contrast receipts and invoices.

3. Briefly describe the difference between cash and accrual methods of record keeping.

4. Briefly discuss the fundamental purpose of accounting principles in effective recordkeeping.

5. Design a human resource management system for a very small employer with 10 employees or less.

6. The if–then construct is often used to describe a business process. For example, “if the person is a Member, then enrollment proceeds. “   This is an example of which business process element?

Operation Management, Management Studies

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