Examlex
Refer to the following breakdown of responses to a survey of room service in a hotel. What is the class with the greatest frequency?
Accounting Standards
Guidelines and principles set by governing bodies that dictate how financial transactions are recorded and reported.
FASB
Refers to the Financial Accounting Standards Board, which is the organization responsible for establishing accounting and financial reporting standards in the United States.
Service Business
A company that provides intangible products or services to customers, as opposed to selling physical goods.
Managerial Accounting
A field of accounting focused on providing information to internal users to aid in decision-making, planning, and controlling operations.
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