A Comparison of Bookkeeping and Accounting Indicates That

question 147

Multiple Choice

A comparison of bookkeeping and accounting indicates that:

• A)The two are virtually the same in practice.
• B)Bookkeeping involves recording financial information,while accounting is concerned with classifying,summarizing,and interpreting this information.
• C)Bookkeeping is more useful for small businesses while accounting is more useful for large businesses.
• D)Accounting is a subsystem of the process of bookkeeping.

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Definitions:

Slide Pane

In presentation software, a pane that displays a thumbnail view of all the slides in the presentation for easy navigation and editing.

Thumbnail Pane

A thumbnail pane is a section within a software application that displays small previews (thumbnails) of documents, images, or slides for quick navigation.

Notes Pane

A section in presentation and word-processing software where additional notes regarding the current slide or document can be added.

Sizing Handles

Sizing handles are small draggable boxes on the corners and sides of a selected object, allowing users to adjust its size.