An Account Is a Part of the Financial Information System

question 162

Multiple Choice

An account is a part of the financial information system and is described by all except which one of the following?

• A) An account has a debit and credit side.
• B) An account is a source document.
• C) An account may be part of a manual or a computerized accounting system.
• D) An account has a title.

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Definitions:

Sociocultural Approach

A theoretical perspective that examines the ways in which social and cultural environments influence human behavior and cognitive processes.

Stages of Development

The distinct phases in human growth through which individuals typically progress, each characterized by specific developmental milestones.

Qualitative

Pertaining to or concerning the qualities, characteristics, or descriptions of something, rather than its quantity or measurement.

Biological Timetable

refers to the sequence of developmental milestones and physiological processes that occur in living organisms over time.