The Word "Integrated" in the Term "Integrated Accounting Software" Means

question 70

Multiple Choice

The word "integrated" in the term "integrated accounting software" means:

• A)The software is color blind
• B)The software can interface with non-accounting software such as spreadsheets.
• C)The software combines several accounting functions in one package.
• D)all of these are terms of integrated accounting software

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Definitions:

Productive Units

Measures or quantities of output produced, serving as a basis for allocating costs in some accounting systems.

Machine Costing

A costing method used for products or services that primarily involve machine operations, allocating costs based on machine hours used.

Depreciation Method

A systematic approach for allocating the cost of a tangible asset over its useful life, reflecting how the asset's economic value decreases over time.

Asset's Life

The expected period over which an asset is useful and can contribute to the revenue-generating activities of a business.