Test bank and sing Study guides, Class notes & Summaries

1. Accounting is an information system that identifies, measures, records and communicates relevant information that objectively and correctly represents an organization's economic activities. TRUE Accessibility: Keyboard Navigation Blooms: Remember Difficulty: Easy Learning Objective: 01-01 Describe the purpose and importance of accounting. Topic: 01-02 Power of Accounting 2. Accounting information helps people make better decisions about the performance of a business. TRUE ...