Which of the Following Accounting Information System Activities Is Completed

question 117

Multiple Choice

Which of the following accounting information system activities is completed when merchandise inventory is sold?

• A) preparation and payment of payroll
• B) receipt of customer payment
• C) receipt of goods or services
• D) payment for goods or services

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Definitions:

Market Value of Equity

The total dollar market value of a company's outstanding shares, calculated as share price times the number of shares outstanding.

Cost of Equity

The return that investors expect for investing in a company's equity, indicating the compensation the market demands for taking on the risk of owning the stock.

Weighted Average Cost of Capital

The average rate of return a company is expected to pay its security holders, weighted by the proportion of each finance source in the company's structure.

Bonds

Fixed-income investment products representing a loan made by an investor to a borrower, typically corporate or governmental.