Which of the Following Statements Is True Regarding Accounting Information

Multiple Choice

Which of the following statements is true regarding accounting information systems?

A) Both large and small firms should use the same type of accounting system.
B) All firms should have the same types of transactions.
C) The volume of data to be handled should not vary between firms.
D) The kind of information that management requires of an accounting system will vary, depending on the type of firm.