An Output of the Accounting System That Can Be Used

question 35

Multiple Choice

An output of the accounting system that can be used as an input in a different part of the accounting system is referred to as:

• A)Round table document
• B)Source document
• C)Turnaround document
• D)Financial report

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Definitions:

Security Prices

The cost or price of financial instruments such as stocks, bonds, and derivatives, determined by market supply and demand.

Compound Return

The process by which an investment grows over time as earnings from both the principal and the accumulated earnings from preceding periods.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in statistics and finance to assess the volatility of an investment.

Investment

The allocation of resources, usually money, in order to generate income or profit.