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Accounting communicates to stakeholders the financial outcomes of operating, investing, and financing activities. minimally required...

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Question

Accounting

Accounting communicates to stakeholders
the financial outcomes of operating, investing, and financing activities.
minimally required public financial data.
the sales strategy for the operating, marketing, and sales activities.
black and white details about the economics of operating activities.
Question 3
Which statement concerning data is TRUE?
Data is the output from an information system.
Data is useless to a business until transformed into information.
Data is organized into understandable formats.
Data is processed before being input into the information system.
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