What Do Businesses Use to Identify,record,and Retain Financial Information and Includes

question 39

Multiple Choice

What do businesses use to identify,record,and retain financial information and includes the people,reports,procedures and other resources needed to compile transactions?

• A) Accounting information systems
• B) Financial accounting
• C) Bookkeeping
• D) Accounting
• E) Managerial accounting

---

Definitions:

Free Will

The concept that individuals have the power to make choices that are not predetermined by past events or natural laws.

Culture of Honor

A culture where personal or family reputation is extremely important, and insults or threats to reputation are often met with aggressive responses.

Richard Nisbett

An American psychologist known for his work in the fields of social psychology, culture, cognitive science, and intelligence.

Herding

The act of grouping together, often used in the context of animals or people moving in a group.