Which of the Following Accounting Systems Utilizes "No Carbon Required

question 23

Multiple Choice

Which of the following accounting systems utilizes "no carbon required" forms that are layered?

• A)Single entry
• B)Double entry  
• C)Pegboard
• D)Computerized

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Definitions:

Mean

The average of a set of numbers, calculated by adding them together and then dividing by the number of numbers.

Value

The degree of importance, worth, or usefulness of something.

Plowback Ratio

The proportion of earnings retained by a company after dividends have been paid, for reinvestment in its core business.

Retention Ratio

A financial metric indicating the percentage of a company's earnings that is retained and not paid out as dividends; it is also known as the plowback ratio.