Financial Accounting Provides a Historical Perspective, While Cost Accounting Emphasizes

question 36

Multiple Choice

Financial accounting provides a historical perspective, while cost accounting emphasizes:

• A) reporting to shareholders.
• B) a current perspective.
• C) the future.
• D) past transactions.

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Definitions:

Sales Force Automation

The use of software to automate business tasks of sales, including order processing, contact management, inventory monitoring, and customer management.

Distribution Management

The process of overseeing the movement of goods from supplier or manufacturer to point of sale.

Sales Force Automation System

A system used to automate various sales and sales management functions, such as order processing, contact management, inventory monitoring, and sales forecast analysis.

Geographic Information System

A computer system used for capturing, storing, checking, and displaying data related to positions on Earth’s surface, facilitating the evaluation of geographical relationships and patterns.