AccBiz Is a Tool Used Commonly by Small Businesses

question 23

Multiple Choice

AccBiz is a tool used commonly by small businesses.It is a simple application that records financial transactions.It records such transactions as sales,purchases,income,receipts,and payments.However,the software cannot be used for financial analyses or higher-level applications.The functions that AccBiz performs can be referred to as ________.

• A) forensic accounting
• B) bookkeeping
• C) auditing
• D) cost analysis
• E) cost accounting

---

Definitions:

Business Operations

All the activities involved in the day-to-day running of a business that directly relate to its producing and delivering its products or services.