Personalized Products Is a Small Manufacturing Firm Specializing in Custom-Order

Multiple Choice

Personalized Products is a small manufacturing firm specializing in custom-order tool and die work. A computerized accounting system would help Personalized Products by

A) making key accounting and financial decisions.
B) helping management identify cash flow and other financial difficulties more quickly.
C) eliminating the need to prepare financial statements and other reports.
D) eliminating the need to perform the three middle steps of the accounting cycle.