Accounting Is the Process of Collecting, Recording, Classifying, Summarizing, Reporting

question 107

True/False

Accounting is the process of collecting, recording, classifying, summarizing, reporting, and analyzing the financial condition of an organization.

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Definitions:

Logging On

The process of gaining access to a computer system or service by entering a username and password.

Network Services

Services provided by networked computers, such as email, file sharing, and internet access, typically relying on the TCP/IP protocol suite.

Hybrid Topology

Combining multiple topologies on one network.

Network

A collection of interconnected computers, servers, and other devices that can communicate and share data with each other.