Multiple Choice
The use of computerized accounting systems ________.
A) makes it possible for most firms to operate without the expense of hiring or consulting with accountants.
B) reduces the pressure on managers in making financial decisions.
C) allows firms to generate financial information almost instantly and whenever the organization needs it.
D) creates an environment in which accounting has become nothing more than glorified bookkeeping, as all accountants are required to do is enter data into the system and monitor the results the program generates.
Correct Answer:

Verified
Correct Answer:
Verified
Q209: The sole purpose of accounting is to
Q210: Abel just graduated earned a bachelor's degree
Q211: As a certified public accountant (CPA), Elizabeth
Q212: Chloe is categorizing journal entries in order
Q213: Accounting recognizes that assets, such as machinery
Q215: A loan officer at Bigbux Bank is
Q216: Explain the differences between managerial and financial
Q217: Calvin works in the accounting department for
Q218: Alex is responsible for recording sales transactions
Q219: Sophie has been a bookkeeper for a