What Are the Three Key Factors to Consider for a Successful

question 25

Multiple Choice

What are the three key factors to consider for a successful accounting system?

• A)People, budget, and time
• B)Time, processes, and technology
• C)People, processes, and technology
• D)Processes, budget, and time

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Definitions:

Classification

The arrangement or categorization of items into groups or classes based on shared qualities or characteristics.

Species

A gathering of similar individuals from the living world that have the capability to interbreed or exchange DNA.

Mutually Exclusive

1. In a classification, the property that each species excludes the members of every other species; 2. A relationship between events; two events are mutually exclusive if and only if they cannot both occur.

Jointly Exhaustive

In a classification, the property that the species taken together cover all the objects in the genus.