Which of the following is the best definition of accounting? A) The information system that identifies, records, and communicates the economic events of an organization to interested users. B) A means of collecting financial and non-financial information. C) The interconnected network of subsystems necessary to operate a business. D) Electronic collection, organization, and communication of vast amounts of information. which of the following groups of users of accounting information is responsible for achieving the goals of the business? A) auditors. B) investors. C)managers. D) creditors. Which of the following is NOT a principal type of business activity? A) Operating B) Investing C) Financing D) Delivering An income statement A)summarizes the changes in retained earnings for a specific period of time. B) reports the changes in assets, liabilities, and stockholders' equity over a period of time. C) reports the assets, liabilities, and stockholders' equity at a specific date. D) reports the revenues and expenses for a specific period of time. If the amount in Retained Earnings is larger at the end of the year than at the beginning of the year, then A) net income is less than dividends. B) a net loss is less than dividends. C) a net loss is greater than dividends. D) net income is greater than dividends