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What are the differences between segments and attributes in the new chart of accounts?

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What are the differences between segments and attributes in the new chart of accounts?

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10

Segments are the key data items required to process transactions. Attributes, on the other hand, are additional data items that further describe segments. Cost center, internal order, and fund are examples of segments. Attributes include such items as department, address, responsible person, and other descriptive data elements.

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