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HCR230 Financial Policies and Procedures

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University of Phoenix (AXIA)

HCR/230

CheckPoint:

Effective Financial Policies and Procedures

 

 

 

 

 

 

 

 

 

 

 

 

 

HCR/230

 

 

 

The three basic elements of a financial accounting system include:


1. Rules for determining what, when, and the amount that should be recorded


2. A framework for preparing financial statements


3. Controls  to determine whether errors may have arisen in the recording process

 

Financial policies:

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HCR230 Financial Policies and Procedures

University of Phoenix (AXIA) HCR/230 CheckPoint: Effective Financial Policies and Procedures HCR/230 The three basic elements of a financial accounting system include: 1. Rules for determinin...

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