Topic > Importance of External Control - 1354

Thus, there are two key parts in transaction processing. In any case, accounting obtains and records the cash effects of money-related events that constitute the organization's transactions. These events merge, for example, the development of raw materials from the appropriation center to production, shipments of finished products to customers, cash flows in the company and bank deposits, the acquisition of inventory, and the advent of liabilities tax. Second, accounting distributes transaction information to operations personnel to encourage a significant portion of their key activities. Compliance with accounting limits particularly contributes to business operations: inventory control, cost accounting, repayment, loan head liabilities, deal registration, chargebacks, liquidated asset accounting and the general