Which of the Following Is Considered an Appropriate Information Source

question 9

Multiple Choice

Which of the following is considered an appropriate information source for an informal report?

• A)Company records
• B)Observation
• C)Survey results
• D)All of these are considered effective sources of information.

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Definitions:

Revenues

Revenue accrued from sales of goods or services that are fundamental to an organization's core operations.

Expenses

The outflow of money or other resources incurred in the process of generating revenue.

Account

A record used to keep track of and summarize financial transactions within a specific category, such as sales, expenses, or assets.

Accounting Record

Documentation and entries that capture financial transactions and positions within an entity.