An Accounting System Includes Which One of the Following Quizlet
The information system that identifies records and communicates the economic events of an organization to interested users b. Periodic system records the cost of the sale on the date the sale is made.
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Periodic system provides an easy means to determine inventory shrinkage d.
. A means of collecting information c. The interconnected network of subsystems necessary to operate a business d. Which of the following is the most appropriate and modern definition of accounting.
Periodic system determines the inventory on hand only at the end of the accounting period b. Periodic system keeps a record showing the inventory on hand at all times c.
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