Which of the Following Statements Is Correct About Using Departmental

question 1

Multiple Choice

Which of the following statements is correct about using departmental accounting -

• A)once you use departments you cannot remove them from the data file
• B)you can add departments any time from the Setup menu,General Settings screen
• C)using departments is the same as using the division ledger
• D)all of the above statements are correct

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Definitions:

Protestant Ethic

A concept relating to the values of hard work, thrift, and efficiency in one's worldly calling, attributed to the rise of the capitalist economy, particularly associated with the teachings of Protestantism.

Worldly Affairs

Matters concerning the temporal world as opposed to spiritual or religious matters; often related to international relations or global issues.

Capitalism

An economic system characterized by private or corporate ownership of goods and services, and where investments, production, and distribution of goods are determined by competition in a largely unregulated marketplace.

Conflict Theory

A sociological perspective that views social life as a competition, with social order maintained by domination and power, rather than consensus.