Which of the Following Is a Function of Accounting Applications

question 17

Multiple Choice

Which of the following is a function of accounting applications?

• A)validating payment method
• B)managing retained earnings
• C)creating and maintaining bill of materials
• D)verifying customer credit

---

Definitions:

Outcome

The result or consequence of an action or a series of actions, often evaluated to determine success or progress.

Intent

A purpose or plan that guides an action, representing an individual's determined objective or desired goal.

Accelerated Depreciation

An accounting method that allows for the allocation of larger depreciation amounts in the initial years of an asset's life, reducing its taxable income.

Capital Funds

Capital funds are financial resources that a company or organization uses for long-term investment, expansion, and operational purposes.