What is ‘Dual Control’ in Master Records?
Dual control, which means that every change made to an important field has to be confirmed by another person who is authorized to do so. The master data account is blocked from the payment run until the field change has been confirmed.
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Explain what knowledge should financial accountant have?
opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.
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