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Accounting Is the Information System That Measures Business Activities,processes the Information

question 125

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Accounting is the information system that measures business activities,processes the information into reports,and communicates the results to decision makers.


Definitions:

Collectivism

An ideology or value system that emphasizes the priority of group goals over individual goals and the importance of cohesion within social groups.

Situationism

A theory in psychology that suggests human behavior is greatly influenced by external situational factors rather than by internal traits or motivations.

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate personal characteristics when explaining others' behaviors.

Actor-observer Effect

The tendency to attribute one's own actions to external factors while attributing others' actions to their character or disposition.

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