Please give Answer How does business model evolution affect accountingadaptation?a) Changing operations require modified recording approachesb) Traditional methods fit foreverc) Evolution creates problemsd) Standard rules never change

Option a: This option is correct because as business models evolve, accounting practices must adapt…

Answered: How does business model evolution…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 2Q: Is there a way to prevent managers from focusing on accounting measures as performance measures?

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How does business model evolution affect accounting adaptation? a) Changing operations require modified recording approaches b) Traditional methods fit forever c) Evolution creates problems d) Standard rules never change