Which of the Following Statements About Accounting and Bookkeeping Is

Multiple Choice

Which of the following statements about accounting and bookkeeping is most true?

A) The FASB Conceptual Framework is relevant in accounting, but not in bookkeeping.
B) The FASB Conceptual Framework is relevant in bookkeeping, but not in accounting.
C) As an element of the AIS, internal controls are irrelevant to bookkeeping.
D) As an element of the AIS, outputs are relevant to accounting.