Which of the Following Is True of an Accounting Software

question 36

Multiple Choice

Which of the following is true of an accounting software system?

• A)It is categorized as hardware electronic equipment.
• B)It cannot save any transaction data.
• C)It can read,edit,and store transaction data.
• D)It cannot be customized for different types of businesses.

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Definitions:

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that outlines a five-tier model of human needs, from physiological needs to self-actualization.

Realizing Potential

The process of developing or achieving one's full capabilities or possibilities.

Correlation Coefficients

Quantitative indicators which show both the intensity and the orientation of a link between two variables.