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.

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Definitions:

Sales Force

A dedicated team or group within a company responsible for conducting sales and building relationships with prospects and customers to drive revenue.

Market Conditions

The state of the economy and the conditions of the business and consumer sectors that influence supply, demand, and pricing.

Equalized Workload Method

A market-based sales force sizing approach in which sales managers use sales-activity calculations to determine proper staffing levels.

Incremental Productivity Method

A technique for measuring the additional output produced as a result of an increase in a specific input, often used in evaluating employee or process efficiency.