Most accounting systems evolve as the business grows and requires changes in its methods for collecting, accumulating, and reporting information.

Name: Most accounting systems evolve as the business grows and requires changes in its methods for collecting, accumulating, and reporting information.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

As a business grows, its accounting system needs to adapt to changing needs and requirements for collecting, accumulating, and reporting information. Therefore, most accounting systems do evolve over time.

Most Accounting Systems Evolve as the Business Grows and Requires