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September 2021
Hyperautomation steadily decreases the amount of human intervention for a fully automated, responsive process — or a smart process. You’ll gain a sense of how a business process analysis is executed when you consider the detailed-nature intrinsic to every step. Six Sigma is a five- to seven-step methodology that most businesses today use to analyze...
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Permanent accounts are accounts that show the long-standing financial position of a company. These accounts carry forward their balances throughout multiple accounting periods. All of these entries have emptied the revenue, expense, and income summary accounts, and shifted the net profit for the period to the retained earnings account. All temporary accounts eventually get closed...
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