What Is the Term for an Accounting Information Subsystem That

question 49

Multiple Choice

What is the term for an accounting information subsystem that is primarily concerned with producing outputs for external users?

• A)cost management information system
• B)computer information system
• C)internal accounting system
• D)financial accounting information system

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Definitions:

Market

A place or arrangement through which goods and services are exchanged between buyers and sellers.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or by a private individual or organization.

Nonrival-in-consumption

A characteristic of goods where one person's consumption does not diminish the ability of others to use the same good.

Nonexcludable

A characteristic of a good or service that prevents the owner from effectively denying access to it to non-paying individuals or entities.