Accounting Is an Information and Measurement System That Does All

question 170

Multiple Choice

Accounting is an information and measurement system that does all of the following except:

• A)Identifies business activities.
• B)Records business activities.
• C)Communicates business activities.
• D)Eliminates the need for interpreting financial data.
• E)Helps people make better decisions.

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Definitions:

Cumulative Items

The accumulation or sum of items over a period.

Unidimensionality

A Guttman scale consists of a single (low to high) dimension. It is also cumulative; that is, agreement with the highest-scoring item implies agreement with all lower-scoring items.

Bogus Pipeline Technique

A psychological technique used in social research to elicit honest responses from participants by falsely claiming the existence of a lie-detector-like mechanism.

Hierarchies

Systems or organizations in which members are ranked one above the other according to status or authority.