The Place Where the Point of Sale Data Is Stored,and

question 2

Multiple Choice

The place where the point of sale data is stored,and that the organization uses to support its decisions is called __________.

• A)a spreadsheet
• B)a computerized processing unit
• C)a data holding cell
• D)a database chain
• E)a data warehouse

Comprehend the legal consequences and responsibilities of accounting firms providing both auditing and non-auditing services.

Recognize the criminal implications for false statements in tax returns.

Identify the standards for due diligence and liability avoidance for securities violations in the preparation of financial statements.

Distinguish between negligence, malpractice, and fraud in the context of professional services.

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Definitions:

Not-for-profit Organization

A not-for-profit organization is a type of organization that does not earn profits for its owners but uses the funds for its goals.

Freshmen

Students in their first year of study at a secondary or postsecondary educational institution.

Strategic Plans

Long-term organizational goals and the strategies to achieve them, typically involving an analysis of internal and external factors impacting the organization.

Organizational Objectives

Organizational objectives are the specific, measurable goals set by a company or organization to guide its operations towards its strategic vision.