An Important Difference Between Accounting and Other Business Functions, Such

question 189

Multiple Choice

An important difference between accounting and other business functions, such as marketing and management, is that

• A) accounting functions must be performed by an outsider, rather than by an employee of the business, in order to avoid conflicts of interest.
• B) accounting offers us insight into whether the business is financially sound.
• C) accounting involves mainly clerical activities and thus requires very little analysis.
• D) accounting deals exclusively with numbers.

Understand the objectives of research including theory development, description, and establishing causality.

Identify the implications of research design choices on the validity and generalizability of study findings, including the role of random sampling.

Understand the ethical guidelines governing research with human subjects, including informed consent and confidentiality.

Recognize the role of variables in research (independent, dependent) and how to assess relationships between them.

---

Definitions:

Parallel

A circuit configuration where components are connected across common points or junctions, allowing current to divide and flow through multiple paths.

Series

Components in an electrical circuit are said to be in series if they are connected along a single path, so the same current flows through all of the components.

Inductive Reactance

The opposition to alternating current flow due to the inductance of a component or circuit, measured in ohms.

Reactive Power

Also called wattless power. Calculated by multiplying reactive voltage by reactive current. Can be produced by inductive or capacitive loads.