According the the textbook, accounting is: A collection of systems and processes Used to record, report...

Transcribed Image Text:

According the the textbook, accounting is: A collection of systems and processes Used to record, report and interpret business transactions Provides a way to demonstrate to stakeholders that managers have acted in their best interests All of the above Question 2 (1 point) According to the textbook, accounting is traditionally seen as fulfilling three functions: Score keeping, attention directing and problem solving Score Keeping, bookkeeping and Problem Soving Attention directing, bookkeeping and Problem Solving None of the above According the the textbook, accounting is: A collection of systems and processes Used to record, report and interpret business transactions Provides a way to demonstrate to stakeholders that managers have acted in their best interests All of the above Question 2 (1 point) According to the textbook, accounting is traditionally seen as fulfilling three functions: Score keeping, attention directing and problem solving Score Keeping, bookkeeping and Problem Soving Attention directing, bookkeeping and Problem Solving None of the above