Which of the Following Is the Best Description of Accounting's

question 124

Multiple Choice

Which of the following is the best description of accounting's role in business?

• A) Accounting provides stockholders with information regarding the market value of the company's stocks.
• B) Accounting provides information to managers to operate the business and to other users to make decisions regarding the economic condition of the company.
• C) Accounting helps in decreasing the credit risk of the company.
• D) Accounting is not responsible for providing any form of information to users. That is the role of the Information Systems Department.

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Definitions:

Negative Reinforcement

A learning process where the removal of an unpleasant stimulus strengthens a behavior.

Long-Lasting Suppression

The prolonged inhibition or reduction of a response or activity.

Extinction

In behavioral psychology, the process by which a previously learned response diminishes or disappears following discontinuation of reinforcement.

Puzzle Box

An experimental device used in animal learning experiments, especially in the study of operant conditioning and problem-solving.