Which of the Following Accounting Systems Is Based on the Principle

question 6

Multiple Choice

Which of the following accounting systems is based on the principle that assets equal liabilities plus owner's equity.This system requires time and skill and provides a comprehensive financial picture with built-in accuracy controls?

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

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Definitions:

Carry Blood

Refers to the function of blood vessels (arteries, veins, and capillaries) in transporting blood throughout the body to deliver nutrients and oxygen and remove waste.

Posterior View

A view from the back or behind, often used in anatomical and medical contexts to describe the positioning or orientation of various body parts.

Starling's Law

A principle in physiology stating that the more the heart is filled with blood during diastole, the greater the force of contraction during systole.

Heart Pumps

The mechanical action of the heart, which contracts to circulate blood throughout the body by pumping it through the cardiovascular system.