Data Must Be Collected About Three Facets of Each Business

question 52

Multiple Choice

Data must be collected about three facets of each business activity.What are they?

• A)the business activity,the resources it affects,the people who participate
• B)the business activity,the transactions it creates,the impact on the financial statements
• C)the inputs,outputs and processes used
• D)who is involved,what was sold,how much was paid

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Definitions:

Inattentional Blindness

The phenomenon where an individual fails to perceive an unexpected stimulus that is in plain sight, due to focusing attention on another task, event, or object.

Counting Task

A cognitive task requiring individuals to count objects, stimuli, or events, often used to assess attention, speed, and working memory.

Gorilla Suit

A reference to a famous experiment highlighting inattentional blindness, where observers fail to notice a gorilla-suited figure amidst a visual task.

Aerobic Bacteria

Bacteria that require oxygen for their growth and survival.