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- Accepted or traditional method of doing somethingConvention in business refers to the accepted or traditional method of doing something1. It can be an obstacle when facing new business challenges1. A convention is also an event where attendees gather at a specific location on a specific date and time to discuss a popular issue or make a decision23. Conventions generally have very large attendance and are held annually in different locations3. Accounting conventions are rules businesses employ to determine how to record specific business transactions that accounting standards do not yet completely cover4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.the accepted or traditional method of doing something, or an example of doing something in the traditional way: Bureaucracy and corporate convention can be an obstacle when facing new business challenges.dictionary.cambridge.org/us/dictionary/english/conv…A conference is a meeting usually meant for discussing certain problems and/or consultation. A convention is an event where attendees gather at a specific location on a specific date and time to discuss a popular issue or make a decision.www.hubilo.com/blog/convention-vs-conferenceConventions generally have very large attendance, and are held annually in different locations. They also often require a bidding process. Conferences have specific themes, and are held for smaller, focused groups. Trade shows/trade fairs can be stand-alone events, or adjoin a convention or conference.opentextbc.ca/introtourism2e/chapter/meetings-con…Accounting conventions are rules businesses employ to determine how to record specific business transactions that accounting standards do not yet completely cover. Although not obligatory, these guidelines and practices are typically recognized by accounting organizations.www.wafeq.com/en/learn-accounting/accounting-pr…
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