Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers. True False o o

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter1: Introduction To Cost Management
Section: Chapter Questions
Problem 11DQ: What is business ethics? Is it possible to teach ethical behavior in a management accounting course?
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**Quiz Question:**

*Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers.*

- O True
- O False

This multiple-choice question tests your understanding of the role of accounting as an information system in business. According to the statement, accounting is responsible for the measurement of business activities, the processing of this information into various reports, and the communication of these results to decision makers.
Transcribed Image Text:**Quiz Question:** *Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers.* - O True - O False This multiple-choice question tests your understanding of the role of accounting as an information system in business. According to the statement, accounting is responsible for the measurement of business activities, the processing of this information into various reports, and the communication of these results to decision makers.
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