Final answer:
Correct errors in the original transaction as soon as they are identified to ensure accuracy. For written work, like web-based textbooks or papers, edits should be made at the sentence level after a thorough review and based on the corrections suggested by specialists or software.
Step-by-step explanation:
Errors in the original transaction should be corrected when they are found to maintain accuracy in financial records. When editing, it is crucial to make changes at the sentence level including phrasing, grammar, mechanics, and wording. Upon thorough review of each sentence in your draft, or when software indicates an error with blue underlining, changes should be made accordingly.
In the context of textbooks, such as those that are web-based, updates can be made periodically when necessary to correct errors or provide new perspectives, as is done with OpenStax textbooks. Subject matter experts review all errata suggestions, and updates are made transparently visible on the book page.
Moreover, when revising your work, it is advised to address the larger elements of the piece before honing in on individual sentences, to ensure that all changes are cohesive and aligned with the overall direction of the work.