Examlex
Which of the following is NOT a system characteristic?
Journal Entries
The record of financial transactions in the books of accounts in chronological order, showing the accounts and amounts debited and credited.
Significant Influence
The power to participate in the financial and operating policy decisions of a business, without controlling it.
Common Shares
Equity investments that represent ownership in a company, giving holders voting rights and a share in the company's profits through dividends.
Equity Method
An accounting method used to assess the profits earned through the investment in another company by updating the investment's value based on the investee's net income or loss.
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