Which of the following statements defines the accounting information system correctly?
a. A system that only records the transactions.
b. A system that communicates all transactions of a company to all the stakeholders.
c. A system that only investigates the database of transactions.
d. A system that identifies, records, summarizes, and communicates the various transactions of a company.
d
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Which of the following entities in the marketing channel is a merchant?
A) wholesalers B) brokers C) sales agents D) warehouses E) advertising agencies
Financial, operating, and employment data are also collected by industry services' syndicated research firms for one in 10 North American Industry Classification System (NAICS) industrial categories
Indicate whether the statement is true or false
The materiality concept implies that if an error is large enough or could effect the decisions of its users, a correction is absolutely necessary
Indicate whether the statement is true or false
Which one of the following refers to individual values and lifestyles?
A. Psychographics D. Demographics B. Role in the decision process E. Geographics C. Position