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. The treasurer of Company ABC wanted to understand how accurately her accounts receivable department was sending invoices. She asked the company's benchmarking team to
. The treasurer of Company ABC wanted to understand how accurately her accounts receivable department was sending invoices. She asked the company's benchmarking team to procure a global benchmark study, so she could understand the performance of the team. The benchmarking group determined the following details for the first five months of the year: January February March April May Invoices Processed 8,488 8,585 8,4608,6457,980 Errors 10 12 7 6 7 Determine the transactional error rate for the first quarter of the year?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
