Which Activities Belong in the Accounting Department

question 225

Multiple Choice

Which activities belong in the accounting department?

• A) Records, measures, and reports monetary transactions.
• B) Tracks strategic financial issues, including money, banking, credit, investments, and assets.
• C) Supports the sales by planning, pricing, and promoting goods or services.
• D) Relies on information from operations to understand inventory, place orders, and forecast consumer demand.

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Definitions:

Old Northwest

A historical term referring to the territory that became the states of Ohio, Indiana, Illinois, Michigan, Wisconsin, and parts of Minnesota; it was an important region for expansion and settlement in early U.S. history.

Slavery

The condition in which individuals are owned by others as property, deprived of personal freedom, and forced to work without pay.

Indian Tribes

Indigenous peoples recognized by the government as having a certain degree of sovereignty and self-government within the United States.

Old Northwest

A historical term referring to the territory northwest of the Ohio River, encompassing present-day states like Ohio, Indiana, Illinois, Michigan, Wisconsin, and parts of Minnesota.