What Is a Person or Event That Is the Catalyst

question 25

Multiple Choice

What is a person or event that is the catalyst for implementing major changes for a system to meet business changes?

• A) Change controller
• B) Change over
• C) Change management
• D) Change agent

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Definitions:

Asset Accounts

Accounts that track the value of a company's economic resources, or assets, such as cash, inventory, property, and equipment.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.

Accounting

An information system that provides reports to stakeholders about the economic activities and condition of a business.

Adjusting Process

The method of updating account balances at the end of an accounting period to reflect accurate financial positions.