After the Accounting Information Has Been Input into the Accounting

question 34

Multiple Choice

After the accounting information has been input into the accounting system, it must be processed.Process accounting data involves:

• A) Source documents and keying
• B)Bar codes and point of sale
• C)Electronic data interchange and e-business
• D)Calculations, classification, and summarization.

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Definitions:

Formal Knowledge

Pertains to information or skills acquired through structured learning or education systems.

Explicit Knowledge

Knowledge that is well documented, easily articulated, and shared, including facts, procedures, and information that can be easily communicated to others.

Experiential Intelligence

The ability to apply past experiences and knowledge to solve new and novel problems.

Contextual Intelligence

The ability to understand the limits of our knowledge and adapt that knowledge to an unfamiliar context.