Question

Accounting involves the _____ of the financial activities for firms. _____ contribute to and benefit from information that use in performing, acquiring, searching, analyzing, organizing, storing, programming, producing, distributing, marketing, or selling functions.

Answer 1

Answer:

Summarizing; Knowledge worker

Explanation:

Summarizing: It is a financial activity that involve collection of financial data and information to be presented in a specified format as per accounting standard to make it easier to understand and analyse.

Knowledge worker: These are professionals whose job is to innovate, discovering new ideas, analysing information, etc. Thinking is the job requirement for these professionals. Few examples of knowledge worker are Scientists, programmer, architect, accountant, etc. Knowledge worker are different from other worker as they know how to get the task done with easier technique and knowledge.