_______ Refers to the Component of the Accounting Information System

question 73

Short Answer

_______ refers to the component of the accounting information system that provides financial information needed by external users such as investors and lenders.

---

Definitions:

Abstract Categories

Conceptual groups or classifications that do not rely on physical properties but rather on shared qualities or ideas.

Age 2 1/2

A developmental stage in early childhood characterized by rapid changes in physical, cognitive, and social capabilities.

Familiarity Breeds

A phenomenon suggesting that increased exposure to something or someone tends to lead to a greater liking of it or them, though it can sometimes result in contempt.

Contempt

is a feeling of disdain or deep lack of respect for someone or something considered worthless or inferior.