As Computer Systems Have Been Developed to Perform the Recording

question 46

Multiple Choice

As computer systems have been developed to perform the recording and classification tasks associated with business activities,the nature of accounting and the work of the accountant have also been pushed in a new direction.Increasingly,the role of the accountant is seen to be to:

• A)Use computer programs rather than manual journals.
• B)Ensure that businesses invest in new software.
• C)Add value and provide and interpret information for an organisation.
• D)Outsource accounting work to bookkeepers.

Examine the significance of social networks in understanding social relationships and behaviors.

Understand strategies to manage and reduce the cash conversion cycle.

Learn to construct and utilize a cash budget.

Comprehend the differences and use of short-term financing options.

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Definitions:

Fragment Completion

A technique or task used in cognitive and psychological assessments where an individual must complete or recognize incomplete stimuli, often used to measure memory or perception.

Grocery Shop

A retail store specializing in selling food products and various household items.

Hunger

The physiological need for food, experienced as a sensation that motivates the act of eating.

Negative Attitude

A predisposition or a tendency to respond unfavorably or with disapproval towards people, groups, ideas, or activities.