Multiple Choice
Consider the following information items as you respond to the question:
i.Customer master file
ii.Journal entry to record the receipt of cash
iii.Pre-numbered documents
iv.Schedule of accounts receivable
Accounting information systems have five generic elements.Which of the following statements is most true?
A) "Pre-numbered documents" can be an example of three of the five elements.
B) "Schedule of accounts receivable" can be an example of all five elements.
C) Both "Pre-numbered documents" can be an example of three of the five elements and "Schedule of accounts receivable" can be an example of all five elements are true.
D) Neither "Pre-numbered documents" can be an example of three of the five elements nor "Schedule of accounts receivable" can be an example of all five elements is true.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: Which of the following exemplifies the role
Q28: Consider the following information items as you
Q29: Consider the following statements as you answer
Q30: In your own words, explain the role
Q31: As a form of internal control, pre-numbered
Q33: Internal controls in the sales/collection process include:<br>A)Pre-numbered
Q34: Consider the following short case as you
Q35: A remittance advice is an example of
Q36: Consider the following short case as you
Q37: Homemade Crafts Company (HCC) sells collectible items