FINANCIAL SYSTEM Definition

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FINANCIAL SYSTEM is an information system, comprised of one or more applications, that is used for any of the following: collecting, processing, maintaining, transmitting, and reporting data about financial events; supporting financial planning or budgeting activities; accumulating and reporting cost information; or supporting the preparation of financial statements.

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TOTAL RETURN is the rate of return on an investment or portfolio that takes into consideration both earned income and changes in market value.

MUD is Multi Unit Discount.

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