Consider the Descriptors That Follow

question 9

Essay

Consider the descriptors that follow.
1. Is heavily involved with the recordkeeping and reporting of assets, liabilities, and stockholders' equity.
2. Focuses on planning, decision making, directing, and control.
3. Is heavily regulated.
4. A field that is becoming more "cross-functional" in nature.
5. Much of the field is based on costs and benefits.
6. Is involved almost exclusively with past transactions and events.
7. Much of the information provided is directed toward stockholders, financial analysts, creditors, and other external parties.
8. Tends to focus more on subunits within an entity rather than the organization as a whole.
9. May become involved with measures of customer satisfaction, and the amount of actual cost incurred vs. budgeted targets.

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Definitions:

Genes

The basic physical and functional units of heredity, made up of DNA, that determine the characteristics and traits of an organism.

DNA

DNA, a molecule responsible for carrying the genetic blueprints essential for the growth, development, operation, and reproduction of all recognized living organisms and numerous viruses.

Amniocentesis

A medical procedure used during pregnancy to collect a small sample of the amniotic fluid surrounding the fetus for genetic testing and diagnosing other conditions.

Fluid

In the context of abilities or intelligence, refers to the capacity to think logically and solve problems in novel situations, independent of acquired knowledge.