Accounting Plays a Key Role in All of the Following

question 15

Multiple Choice

Accounting plays a key role in all of the following except ______________________.

• A) financing activities to provide necessary funds to start and expand a business
• B) investing activities to provide valuable assets required to run a business
• C) interpreting macro and micro analyses to report changes in the economy
• D) operating activities that focus on selling goods and services, along with insuring sound financial management

---

Definitions:

Indorser

An entity or person who signs the back of a negotiable instrument, such as a check or promissory note, thereby transferring ownership or guaranteeing payment to another party.

Instrument

A tool or device used for a specific purpose, often referring to musical instruments or legal documents.

Maker

Typically refers to the individual or entity that creates or executes a financial instrument, like a check or promissory note, thereby committing to the terms outlined therein.

Overdue

When an instrument is not paid when due or at maturity.