The Combination of Personnel,records and Procedures That a Business Uses

question 51

Multiple Choice

The combination of personnel,records and procedures that a business uses to meet its need for financial data is referred to as the:

• A)accounting information system.
• B)management system.
• C)input system.
• D)collecting and reporting system.

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Definitions:

Ethical View

A perspective or stance on what is morally right or wrong, often reflecting personal or societal beliefs.

Domestic Businesses

Companies that operate within the legal boundaries of a single country, focusing primarily on the local customer base.

Multinational Companies

Corporations that operate and provide goods or services in more than one country outside of their home country.

GDP

Gross Domestic Product, a measure of a country's economic performance, representing the total value of all goods and services produced over a specific time period.