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Documenting the accounting system

There are 3 methods generally used to document the clients system.

Narrative notes:Written description of the system

Advantages:-

Comprehensive
easy tp delegate
story approach
sufficient for small or simple

Disadvantages:-

difficult to update if hand written
difficult to digest if complex system

 

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M9580874

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