AccBiz is a tool used commonly by small businesses.It is a simple application that records financial transactions.It records such transactions as sales,purchases,income,receipts,and payments.However,the software cannot be used for financial analyses or higher-level applications.The functions that AccBiz performs can be referred to as ________.
A) forensic accounting
B) bookkeeping
C) auditing
D) cost analysis
E) cost accounting

Question

Quizplus · Accepted Answer

A)The clerical function of recording the economic activities of a business is referred to as bookkeeping. AccBiz performs only bookkeeping.
B)The clerical function of recording the economic activities of a business is referred to as bookkeeping. AccBiz performs only bookkeeping.
C)The clerical function of recording the economic activities of a business is referred to as bookkeeping. AccBiz performs only bookkeeping.
D)The clerical function of recording the economic activities of a business is referred to as bookkeeping. AccBiz performs only bookkeeping.
E)The clerical function of recording the economic activities of a business is referred to as bookkeeping. AccBiz performs only bookkeeping.

AccBiz Is a Tool Used Commonly by Small Businesses