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ID number:149066
Evaluation:
Published: 26.01.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

The accounting cycle refers to the process by which companies produce their financial statements for a specific period of time. It is called a cycle because the steps are repeated each reporting period. The organization at which I am employed completes its accounting cycle monthly. The organization is a privately owned nursing facility licensed and incorporated in the state of Virginia that has been in business since 1966. An explanation of the overall accounting cycle at the organization including a description of the people, processes, and systems that are integral to the cycle will foll…

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