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:

Emotion-Focused Coping

A strategy for managing stress that involves identifying and working through the emotional responses to stressful situations.

Problem-Focused Coping

A strategy for dealing with stress by identifying and addressing the root cause of a problem directly, rather than managing its symptoms.

Stressful Situation

A scenario or circumstance that induces stress, challenging an individual's ability to cope or manage effectively.

Type A Personality

A personality characterized by competitiveness, high ambition, aggression, impatience, and a fast-paced lifestyle, thought to be prone to stress-related illnesses.