Which of the Following Are Parts of Most Accounting Information

question 54

Multiple Choice

Which of the following are parts of most accounting information systems?

• A) Activities and documents only.
• B) Activities and technology only.
• C) Documents and technology only.
• D) Activities, documents and technology.

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Definitions:

Decision Tree

A graphical tool used in decision making to visually represent different choices and their possible outcomes, including chance event outcomes, costs, and utilities.

EMV

Expected Monetary Value; a calculation in decision theory and statistics used to determine the expected value of an uncertain outcome by combining the probabilities of possible outcomes with their respective gains or losses.

Process B

A specific sequence of steps or operations in a series of processes, distinguished by its unique characteristics or outcomes.

Advertising System

The combination of mediums and channels utilized to communicate promotional messages to the target audience, aiming to influence consumer behavior.