Many Modern Accounting Software Packages Offer Separate Transaction Cycle Modules

question 32

Multiple Choice

Many modern accounting software packages offer separate transaction cycle modules.What is the reason for this?

• A)Every organization does not need to implement all of the available transaction cycle modules.
• B)Most businesses do not need the revenue cycle module as part of their AIS.
• C)The nature of a given transaction cycle is the same irrespective of the type of organization.
• D)A properly designed AIS does not use the concept of separate business transaction cycles to process transactions.

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Definitions:

Hypothetical Hormone

A theoretical hormone proposed to exist based on observed physiological effects, but not yet identified or isolated.

Coleoptile

A protective sheath covering the emerging shoot in monocotyledonous plants, such as grasses, allowing the young shoot to pierce through the soil.

Unidirectional Light

Light that travels in a single direction, often used in scientific studies to understand plant growth or behavior.

Thigmomorphogenesis

The growth and structural change in plants in response to mechanical stress or touch.