In which transaction cycle would information for borrowing money be most likely to pass between internal and external accounting information systems?

Business environments and government requirements are becoming more complex. All of the following actions to manage this complexity would be appropriate EXCEPT

A) hiring more sophisticated and computer-savvy managers. B) deploying more sophisticated tools and technique. C) seeking new ways to avoid government compliance. D) avoiding expensive trial and error to find out what works.

A series of equal payments or deposits made at equal time intervals are called compound interest

Indicate whether the statement is true or false