Which of the Following Is the Most Correct Definition of Accounting

question 43

Multiple Choice

Which of the following is the most correct definition of accounting?

• A) A system for providing quantitative information, primarily financial in nature, about economic entities that is intended to be useful in making economic decisions.
• B) An entity without a profit objective, oriented toward providing services efficiently and effectively.
• C) The preservation of a systematic, quantitative record of an activity.
• D) The procedures and processes used by a company to analyze transactions and handle routine bookkeeping tasks.

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Definitions:

Playground

An outdoor area provided for children to play in, especially at a school or public park.

Parental Influences

The effects that parents have on their children's development, behaviors, beliefs, and personality.

Treating

The act of providing medical care or attention to someone or something.

Boy Or Girl

Typically refers to the biological sex of a person, determined by their physical characteristics at birth.