In an Accounting Information System, the Inputs Are Usually

question 15

Multiple Choice

In an accounting information system, the inputs are usually

• A)financial statements.
• B)analyzing data.
• C)economic events.
• D)performance reports.

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Definitions:

Earnings Per Share

A company's profit divided by the number of outstanding shares of its common stock.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reported on the income statement within financial reporting.

Current Ratio

A financial ratio indicating a firm's capacity to settle short-term liabilities with assets due within the same period.

Marketable Securities

Financial instruments and assets that can easily be converted into cash, often traded on public markets.