Which of the Following Is Not a Basic Function of an Accounting

question 50

Multiple Choice

Which of the following is not a basic function of an accounting system?

• A)To interpret and record the effects of business transactions.
• B)To classify the effects of similar transactions in a manner that permits determination of various totals and subtotals useful to management.
• C)To ensure that a business organization will be managed profitably.
• D)To summarize and communicate information to decision makers.

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Definitions:

Therapy Approach

The specific method or strategy used in psychotherapy to treat psychological problems and promote personal growth.

Self-Definition

The process by which individuals conceptualize and articulate their own identity, characteristics, or traits that distinguish them from others.

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fundamental requirements necessary for people to live healthy and well-balanced lives, including physiological, safety, love, esteem, and self-actualization needs.

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The interactions, communication, and bond that form between parents and their children.