A Typical AIS Has Two Principal Objectives: (1)to Provide All

question 52

True/False

A typical AIS has two principal objectives: (1)to provide all the financial information internally needed by management for business decision-making,known as management accounting; and (2)to provide financial information to various external users concerned with the financial activities of the organization,known as financial accounting.

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Definitions:

Direct Strategy

A communication approach that involves straightforwardly presenting the main idea or request at the beginning of the message.

Indirect Strategy

A communication technique that starts with contextual details before addressing the main point or request, often used to soften negative news.

Regain Confidence

The process of restoring trust in oneself or one’s abilities after a period of doubt or failure.

Deliver In Person

The act of physically presenting or handing something to someone directly.