Today's Computerized Accounting Programs Are

question 204

Multiple Choice

Today's computerized accounting programs are:

• A)Very helpful for small business owners who lack strong accounting support within their companies.
• B)Too expensive and complicated for most small businesses.
• C)A poor investment for small start-up companies due to the fact that these programs are seldom needed unless the firm is considered a mid-sized to large company.
• D)So sophisticated that they can make most financial decisions without the aid of an accountant.

---

Definitions:

Reinforcement

In psychology, a process by which a behavior is strengthened or increased in frequency, often through the application of a reward or the removal of a negative stimulus.

Enforced Commitment

The obligation or dedication imposed by external factors or authorities.

Social Loafing

Individuals often put in less effort when part of a group compared to when they work by themselves.

Duplication of Effort

A situation where multiple people or groups are unknowingly working on the same task or problem, leading to a waste of resources.