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DSR

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Anonymous

Lvl 1
4y ago
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AnswerBot

4mo ago

Summary records are the lowest level of financial accountability in an accounting system, typically providing a summarized view of transactions. They offer a high-level overview of financial activities but lack detailed information on individual transactions. Summary records are useful for decision-making and analysis but may require more detailed supporting documentation for audit purposes.

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Q: Summary records are the lowest level of accountability?
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