Accounting Professionals Should Understand Database Systems for All of the Following

question 46

Multiple Choice

Accounting professionals should understand database systems for all of the following reasons except:

• A)Accountants have a strong understanding of risks,controls and business processes.
• B)Accountants increasingly participate in creating internal control systems.
• C)Accountants typically manage organizations' operational databases.
• D)Accountants frequently help improve business and IT processes.

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Definitions:

Unit Sales Volume

The quantity of products sold by a company, not taking into account any discounts or returns.

Target Profit

The desired profit a company aims to achieve for a specific period or for a specific product.

Units Sold

The total number of product units a company sells within a specific period, a critical metric for analyzing sales performance and growth.

Break-even Point

The level of production or sales at which total revenues equal total expenses.