Computerized Accounting Systems

question 80

Multiple Choice

Computerized accounting systems

• A) are only used by medium- and large-sized companies
• B) are generally not as accurate as manual systems
• C) record and post transactions at the same time
• D) must make use of special journals

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Definitions:

Collectivist Culture

A society that prioritizes the group over individual goals and values interdependence, communal living, and shared responsibilities.

Social Harmony

A state of peaceful coexistence and mutual respect among individuals within a society or group, often characterized by a lack of conflict and cooperation towards common goals.

Self-esteem

One's overall subjective emotional evaluation of their own worth.

Self-serving Bias

A cognitive bias that causes individuals to attribute their successes to internal factors while attributing failures to external factors.