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ATI ADULT HEALTH CARE LATEST 2023 QUESTIONS WITH ANSWERS

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ATI ADULT HEALTH CARE LATEST 2023 QUESTIONS WITH ANSWERS Multiple-choice questions 1. Businesses use accounting systems to a. Analyze transactions. b. Handle routine bookkeeping tasks. c. Evalu... ate the performance and financial health of the business d. All of the above are correct. 2. Which of the following is NOT a function of accounting? a. Accumulating economic information about organizations. b. Measuring economic information about organizations. c. Executing sales transactions for organizations. d. Communicating economic information about organizations. 3. Which of the following is NOT typically true of accounting information? a. The information is quantitative in nature. b. The information relates to future time periods. c. The information relates to specific accounting entities. d. The information is primarily financial in nature. *** 4. Which of the following financial statements reports the amount of cash collected and paid out by a company? a. Balance sheet. b. Statement of cash receipts and disbursements. c. Income statement. d. Statement of cash flows. [Show More]

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