An Accounting System in Which Every Business Transaction Is Recorded

question 71

Multiple Choice

An accounting system in which every business transaction is recorded in an asset account,a liability account,or an owner's equity account in order for the system to balance is known as which of the following?

• A) Double-entry accounting
• B) Open book accounting
• C) Managerial accounting
• D) Cost accounting

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Definitions:

Address Operator

In programming, an operator used to determine the memory address of a variable.

Variable Pointed

Refers to the specific variable or memory location that a pointer variable is currently pointing to.

Indirection Operator

A symbol used in programming (commonly the asterisk * in C/C++) to access the value at a memory address pointed to by a pointer variable.

Pointer

A variable in C and C++ that stores the memory address of another variable, allowing for direct memory manipulation.