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:

Performance-based Reward

A compensation or recognition system where rewards are given based on the evaluation of an individual's performance, usually intended to incentive higher levels of output or quality.

Team-based Reward

Incentive systems designed to reward groups or teams for achieving specific goals or outcomes.

Repetitive Strain Injury

Physical damage to muscles, nerves, tendons, or other soft tissues caused by repetitive motion or overuse.

Multiskilled

Describing an individual or workforce that possesses a wide range of skills, allowing for flexibility and adaptability in various tasks or roles.