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.)
The definition of a titter is a nervous and half-hidden laugh. An example of a titter is the laugh made by a schoolgirl in class. verb. To titter means to laugh or giggle in a somewhat suppressed way. An example of to titter is the laugh of a nervous toddler.