Originally the ________ Supported the Work of a Single Department

question 28

Multiple Choice

Originally the ________ supported the work of a single department or function.

• A) calculation systems
• B) cross-function systems
• C) departmental systems
• D) inter-organizational systems
• E) functional systems

---

Definitions:

Misstatement

An error or inaccuracy in financial records or statements, often resulting due to oversight or misunderstanding.

Cash Management

The process of collecting, managing, and investing a company's cash in a way that optimizes its liquidity, investment return, and risk levels.

Receivables

Amounts owed to a business by its customers for goods or services delivered but not yet paid for.

Expenditures

The flow of cash or cash-equivalent amounts paid out by a company to meet obligations or purchase goods and services.