Multiple Choice
When a sale occurs, the information resulting from that sale must flow into the sales recording systems, the accounts receivable and cash collection systems, and the inventory tracking systems.In IT accounting systems, these recording and processing systems are referred to as:
A) Transaction Processing Systems
B) Revenue and Cash Processing Systems
C) Point of Sale System
D) E-business System
Correct Answer:

Verified
Correct Answer:
Verified
Q67: The comparison of the shipping records with
Q68: Which of the following is not one
Q69: If a company does not prepare an
Q70: The advantages of e-commerce, or e-business, include
Q71: Which of the following is not a
Q73: Whenever a company grants credit to customers,
Q74: When a sales transaction has been authorized,
Q75: The documentation accompanying payment that identifies the
Q76: The risks that may affect the revenue
Q77: The maximum dollar amount that a customer