ACCY 201 Test 1 Burney Questions and Answers Rated A

an info & measurement system that identifies, records,

and communicates financial record-- "The language of

Business"

Service Businesses (Do), Merchandising Businesses (buy

and sell), Manufacturing Businesses (make and sell)

1. Identify useers

2. Assess their needs

3. Design the accounting info system to meet their needs

4. Record data

5. Prepare reports

Define Accounting

What are the 3 types of Businesses?

Describe the Acco...
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