Which of the Following Data-Capture Methods Uses a Filtering System

question 36

Multiple Choice

Which of the following data-capture methods uses a filtering system approach?

• A)Stop,look,and listen
• B)Catch it as you can
• C)Filter as you scan
• D)Detect and filter

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Definitions:

Financial Statements

Reports detailing a company's financial performance, position, and cash flows, including balance sheet, income statement, and statement of cash flows.

Analyze Transaction

The process of reviewing and breaking down a financial transaction to understand its impact on the accounting equation.

Trial Balance

A bookkeeping worksheet listing the balances of all ledgers in two columns, debits and credits, to verify that the total debits equal total credits.

Income Statement

A financial document that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and profit.