The Best Definition of an Accounting System Is

question 42

Multiple Choice

The best definition of an accounting system is:

• A)Journals,ledgers,and worksheets.
• B)Manual or computer-based records used in developing information about an entity for use by managers and also persons outside the organization.
• C)The personnel,procedures,technology,and records used by an entity to develop accounting information and communicate this information to decision makers.
• D)The concepts,principles,and standards specifying the information which should be included in financial statements,and how that information should be presented.

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Definitions:

Clerical Staff

Employees who perform administrative or office tasks, such as filing, typing, and handling communications.

Wage Differences

The variation in pay for different jobs or workers, based on factors like skill level, location, or job demand.

Years of Schooling

Refers to the total number of years an individual has spent in formal education settings, from elementary through higher education.

Job Characteristics

Attributes or aspects of a job that influence an employee's work environment and satisfaction, such as task variety, autonomy, and feedback.