Which Activities Do Accounting and Finance Components Perform

question 149

Multiple Choice

Which activities do accounting and finance components perform?

• A) Track employee information including payroll,benefits,compensation,performance assessment,and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities
• B) Handle the various aspects of production planning and execution such as demand forecasting,production scheduling,job cost accounting,and quality control
• C) Manage accounting data and financial processes within the enterprise with functions such as general ledger,accounts payable,accounts receivable,budgeting,and asset management
• D) None of these choices

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Definitions:

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists among the variables being studied.

Test Statistic

A numerical quantity calculated from a set of data, used in statistical testing to determine the significance of observed differences.

Distribution

Describes the way values of a variable or set of data are spread or dispersed.

P-Value

The probability of obtaining an observed sample result, or more extreme, assuming the null hypothesis is true.