Which of the Following Represents the Types of Data Commonly

question 187

Multiple Choice

Which of the following represents the types of data commonly found in the accounting department?

• A)Tax data
• B)Payroll data
• C)Transactional data
• D)All of these

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Definitions:

Public Confidence

Public confidence is the level of trust and belief that the general public has in the competence, integrity, and reliability of an institution, organization, or system.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and regulators.

Bank Account

A financial account maintained by a banking institution in which the account holder can deposit or withdraw money.

Cash

Money in the form of bills or coins; physical currency.