A Student Should Recognize a Need to Study Manual Accounting

question 96

Multiple Choice

A student should recognize a need to study manual accounting systems because

• A) the structure of electronic systems differs greatly from manual systems.
• B) all small companies only use manual accounting systems.
• C) the software and hardware of electronic systems vary greatly which makes manual procedures more practical to study.
• D) companies that use manual systems hire more accountants.

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Definitions:

Utilitarianism

An ethical theory suggesting that the best action is the one that maximizes utility, generally defined as that which produces the greatest well-being of the greatest number of people.

Personal Moral Philosophy

An individual's set of beliefs, values, and principles that guide their understanding of right and wrong and influence their behavior.

Hedonism

A philosophical theory that pleasure or happiness is the highest good and proper aim of human life.

Existentialism

A philosophical theory or approach emphasizing individual freedom, choice, and subjectivity.