Multiple Choice
The use of a debit card is most similar to which of the following accounting transactions?
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1. Introduction to Accounting
Types of Accounting
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Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following types of accounting is most applicable to business intelligence in organizations?
A
Auditing
B
Managerial Accounting
C
Tax Accounting
D
Financial Accounting
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Understand the different types of accounting mentioned in the problem: Auditing, Managerial Accounting, Tax Accounting, and Financial Accounting.
Auditing focuses on examining financial records to ensure accuracy and compliance with regulations, which is not directly related to business intelligence.
Tax Accounting deals with preparing and filing taxes, which is specific to tax compliance rather than business intelligence.
Financial Accounting involves recording and reporting financial transactions to external stakeholders, which is less focused on internal decision-making processes.
Managerial Accounting is most applicable to business intelligence as it provides internal financial data and analysis to help organizations make informed decisions, plan strategies, and improve operations.
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