Which of the Following Is the Most Appropriate and Modern

question 105

Multiple Choice

Which of the following is the most appropriate and modern definition of accounting?

• A) Electronic collection,organization,and communication of vast amounts of information
• B) The interconnected network of subsystems necessary to operate a business
• C) A means of recording transactions and keeping records
• D) The measurement,processing,and communication of financial information about an identifiable economic entity

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Definitions:

Enjoyment

A feeling of pleasure and satisfaction derived from engaging in an activity or experiencing something.

Birthday

The anniversary of the day on which a person was born, often celebrated as a special event.

Automatic System

Refers to the fast, involuntary, and unconscious way the brain processes information, often contrasted with deliberate thought.

Unconscious

Referring to the part of the mind that is not currently in focal awareness and contains thoughts, memories, and desires that are below the surface of conscious awareness.