One Output of the Accounting Information System Is the Balance

question 39

Multiple Choice

One output of the accounting information system is the balance sheet.Transactions commonly associated with an organization's acquisition/payment process are most likely to be reflected in which sections of balance sheet?

• A)Current assets and current liabilities
• B)Current assets and long-term liabilities
• C)Long-term assets and current liabilities
• D)Long-term assets and long-term liabilities

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Definitions:

Capital Gains Yield

The change in the price of a security or investment over a specified period, excluding dividends, expressed as a percentage of the investment's initial price.

Total Return

The overall return on an investment over a specific time period, including both capital gains and dividends or interest, expressed as a percentage of the investment's initial cost.

Real Rate

The interest rate adjusted for inflation, reflecting the true return on an investment over time.

Dividend

A portion of a company's earnings that is distributed to shareholders, usually in the form of cash payments or additional shares.