The system through which management is given financial information for use in conducting the affairs of the business and in reporting to owners and other interested parties is called the: a. accounting system. b. fiduciary system. c. operations system. d. auditing system.

The system through which management is given financial information for use in conducting the affairs of the business and in reporting to owners and other interested parties is called the: a. accounting system. b. fiduciary system. c. operations system. d. auditing system.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 11MC: A system that establishes financial accountability for operating segments within an organization is...

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