1.Business depend on accounting systems to

None of the other alternatives are correct

Convert large amount of transactions into useful data to manage the organization

Manage all the sales with point of sales equipment

Set up accounting policies and records

Keep track and collect all outstanding receivables at any point in time

2.On issues where no standard exists accountants turn to additional sources such as

Stories from other countries

None of the other alternatives are correct

the Companies Acts

Fiction books

Security Companies Statements