Multiple Choice
Accounting information systems
A) Collect and process data from events and transactions
B) Organize data in useful forms
C) Communicate information to decision makers
D) Both collect and process data from events and transactions and organize data in useful forms
E) All of these
Correct Answer:
Verified
Correct Answer:
Verified
Q64: The Purchases Journal is used for<br>A) Recording
Q65: An Accounts Payable subledger is<br>A) A subsidiary
Q66: A special journal is any journal used
Q67: An MIS is designed to<br>A) Ensure reliable
Q68: The general rule for posting is that
Q70: The Accounts Receivable ledger is<br>A) Used for
Q71: The general rule for posting to a
Q72: The MIS is a subsystem of the
Q73: Items posted from the General Journal carry
Q74: Equipment, inventory, and investments may also need