Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) All accounting systems in use today are computerized systems.
B) All accounting systems, whether computerized or not, must capture data, process the data, and provide outputs
C) It is not necessary for an accounting system to maintain summary information if it maintains detail information.
D) The general ledger will be summarized and then posted to the subsidiary ledger.