• 2021-04-14
    _______________is the field of accounting that develops information for external decision makers such as stockholders,suppliers, banks, and government regulatory agencies.
  • Financial accounting

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      All of the following statements regarding accounting information systems are true except: A: Accounting information systems collect and process data from transactions and events. B: Accounting information systems organize data in useful forms. C: Accounting information systems do not establish internal control procedures. D: Accounting information systems are crucial to effective decision making. E: Accounting information systems communicate information to business decision makers.

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      中国大学MOOC: The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct?

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      What are the traditional places to open an account in the United States? A: Banks,government agencies and credit unions. B: Banks, deposit unions and money market funds C: Banks,savings-and-loans and deposit unions. D: Banks,savings-and-loans and credit unions.

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      All of the following statements regarding accounting information systems are true except: () A: Accounting information systems collect and process data from transactions and events. B: Accounting information systems organize data in useful forms. C: Accounting information systems are crucial to effective decision making. D: Accounting information systems do not establish internal control procedures.

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      Although accounting has several specific uses, the overall purpose of accounting can be summarized as A: to provide financial information that is useful to decision makers. B: to meet the legal requirements of the Financial Accounting Standards Board (FASB). C: to allow the government to track business activity levels. D: to compute the profit or loss and declared dividend of a business firm.