ABSTRACT

You may also find that the trade magazines relevant to your business have websites, though you will probably need to subscribe to the magazine to get full access.

Self-assessment 1 on page 32

1 Organizations record transactions primarily because they are legally obliged to do so, but the information is also used in the management of the business. Information about previous transactions is used as the raw material for planning and decision-making. Information about current transactions is the raw material for control and performance measurement.