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:

Long-Term Goals

Objectives intended to be achieved over an extended period, typically beyond a year.

Intelligence

The ability to acquire and apply knowledge and skills, showing the capacity for logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, and problem-solving.

Resilience

The ability to recover quickly from difficulties or adapt to change effectively.

Obstacles

Refers to challenges or barriers that hinder progress towards a goal.