Which of the Following Statements Regarding Accounting Systems Is Not

question 30

Multiple Choice

Which of the following statements regarding accounting systems is not true is not true?

• A)Large organisations will find simple accounting system hard to satisfy their needs.
• B)ERP systems are also suitable for small organisations.
• C)Medium-sized organisations are better off using mid-range accounting systems.
• D)None of the options is correct.

Appreciate the concept of LMX differentiation and its impact on group dynamics and performance.

Identify and classify costs into variable and fixed categories.

Understand the concept of marginal cost and its calculation.

Comprehend the law of diminishing marginal returns and its impact on production.