The accounting cycle consists of a series of steps that record financial transactions and produce financial statements. Some data entry steps may occur at any time during the accounting cycle, other transactions occur only during financial statement production. This process repeats itself for every accounting period, whether for large companies or small businesses. Large companies frequently divide these tasks in departments.
Definition of snippet for English Language Learners. : 1  a small piece of information or news. : 2  a small part of something (such as a piece of music, a conversation, etc.)
For the Colombian politician, see Gina Parody. A parody (/ËpÃ¦rÉdi/; also called a spoof, send-up, take-off, or lampoon) is a work created to imitate, make fun of, or comment on an original workâits subject, author, style, or some other targetâby means of satiric or ironic imitation.