Which of the Following Defines Financial Accounting System

question 86

Multiple Choice

Which of the following defines financial accounting system?

• A) Measures the cost of replacing an employee.
• B) Provides the appropriate information to the external community.
• C) Records transactions when money is either received or spent.
• D) Provides information to the management of a business and aids in internal controls.
• E) Records transactions when they occur.

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Definitions:

Gifted Programs

Educational initiatives designed to meet the needs of students identified as having exceptional intellectual abilities or talents.

Environmental Hypothesis

A theory suggesting that environmental factors, such as physical, social, and cultural contexts, significantly influence individuals' behaviors, development, and choices.

Mental Retardation

An outdated and offensive term previously used to describe individuals with significantly below-average intellectual functioning and adaptive behaviors.

Special Education

Tailored educational programs designed to meet the unique needs of students with learning disabilities, physical disabilities, or other special needs.