Which of These Statements Is True

question 92

Multiple Choice

Which of these statements is true?

• A)Accountants do not need to bother with systems studies-they are mostly performed by IT specialists
• B)System studies enable bright accountants to express ideas for improving a system
• C)Systems studies rarely involve accounting information systems
• D)all of these are true

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Definitions:

Substantial Impairment

A legal concept referring to a significant decrease in the value or function of something, often related to contractual performance or property condition.

Commercial Impracticability

A doctrine under contract law that excuses a party from performance of the contract when unforeseen events make the fulfillment extremely difficult or expensive.

Florist

A professional or business that arranges and sells flowers and ornamental plants.

Right to Cure

A legal principle that allows a party who has breached a contract to rectify the breach within a specified period to avoid further legal action or penalties.