An information system that provides reports to stakeholders about the economic activities and condition of a business is ____________.

Fill in the blank(s) with the appropriate word(s).

Ans: accounting

Business

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Under the UCC, a contract is formed when ________

A) the acceptance is mailed or otherwise transmitted B) the acceptance letter is prepared by the buyer (offeree) C) the buyer (offeree) receives a counteroffer from the seller D) the seller (offeror) receives acceptance from the offeree

Business

As the level of service improves, the cost of service decreases

Indicate whether this statement is true or false.

Business