Chapter 1, Problem 2DQ

To determine

Accounting: Accounting is the technique of recording the financial events and transaction occurring in a business while doing any business activity. Accounting is one of the major activities done in any organization, accounting is necessary to see the present as well as the future position of an organization.

Technology: Technology is a science of doing activities in easy way instead of complex procedure. The presence of technology can be seen in daily life, like use of mobile phone to communicate, use of washing machine to wash clothes, use of computer to complete work.

To identify: Relevance of accounting and technology.