Accounting Is Referred to as the Language of Business Because

question 54

True/False

Accounting is referred to as the language of business because it is the method of communicating business information to decision makers.

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Definitions:

Rule of Law

The principle that all individuals, institutions, and entities are accountable to laws that are publicly promulgated, equally enforced, and independently adjudicated.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that created a trilateral trade bloc in North America.

Labor

The body of persons engaged in physical or intellectual work for wages, or the work itself; also, one of the critical factors of production in economics.

Seattle Protests

Demonstrations that have taken place in Seattle, covering a wide range of social, political, and economic issues, including but not limited to civil rights, environmental concerns, and labor disputes.