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Activity

The major tasks performed by an organization to accomplish each of its functions. An activity should be based on a cohesive grouping of transactions producing a singular outcome
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Activity

The second level of a business classification scheme. Activities are the major tasks performed by an organisation to accomplish each of its functions. An activity is identified by the name it is given and its scope note. The scope of the activity encompasses all the transactions that take place in relation to it. Depending on the nature of the tran...
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