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:

Trade Deficit

A situation where a country's imports exceed its exports, leading to a negative balance of trade.

International Basis

Engaging in business or transactions that involve entities in multiple countries or global considerations.

Current Account Deficit

A measurement of a country's trade where the value of goods and services it imports exceeds the value of goods and services it exports.

Capital Account

A national account that shows the changes in asset ownership for a country, including foreign investments.