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10 Values that Contribute to Business Success

10 Values that Contribute to Business Success

The root of any business is a great idea that is presented strongly and confidently by a team of people who work together. It all starts with the idea and then bringing in a team to convert the idea into reality. This is the vital characteristic of most successful businesses.But it is not easy to…

Meaning of Technology and Its Different Uses in Nigeria

Meaning of Technology and Its Different Uses

Definition of TechnologyWhat Is Technology? Technology is a body of knowledge devoted to creating tools, processing actions and the extracting of materials. The term ‘Technology” is wide, and everyone has their way of understanding its meaning. We use technology to accomplish various tasks in our daily lives, in brief; we can describe technology as products…

Definition and Importance of Record keeping

Definition and Importance of Record keeping

Home » Accounting Dictionary » What is Recordkeeping?Definition: One of the main parts of accounting is recordkeeping or bookkeeping. Recordkeeping is the process of recording transactions and events in an accounting system. Since the principles of accounting rely on accurate and thorough records, record keeping is the foundation accounting.ExampleAn example of an accounting event would…