All of the Following Are Characteristics of Every Accounting Information

question 67

Multiple Choice

All of the following are characteristics of every accounting information system except it is a system

• A)that collects transaction data.
• B)that processes transaction data.
• C)that communicates financial information to decision makers.
• D)of data storage hardware for the chart of accounts.

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Definitions:

Id

The part of the mind in psychoanalytic theory responsible for instinctual impulses and demands for immediate satisfaction.

Executive Personality

A term referring to personality traits associated with effective leadership and management, such as decisiveness, problem-solving abilities, and the capacity to motivate others.

Gratification

The satisfaction or pleasure felt when a desire, need, or expectation is fulfilled.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.