Mechanization

Automation
Automation refers to the process of operating devices or systems using automatic techniques, which may involve mechanical, electronic, or robotic methods.
Mechanization
Mechanization refers to the process of performing tasks using machines, mechanical equipment, or mechanical aids. Unlike automation, mechanization does not typically include self-correcting feedback mechanisms.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.