Multiple Choice
In a typical computerized accounting information system,________.
A) transactions must be recorded in debit and credit format
B) the software automatically knows to record a debit or a credit
C) transactions are posted manually
D) spreadsheets must be used to produce financial statements
Correct Answer:
Verified
Correct Answer:
Verified
Q3: An accounting information system is said to
Q4: Examples of source documents in an accounting
Q5: Two popular entry-level software packages for accounting
Q6: Hardware is electronic equipment that includes computers,monitors,printers,and
Q7: When using a periodic inventory system,the Merchandise
Q9: When using Quickbooks,the Vendors tab is used
Q10: Which of the following serves as the
Q11: A general ledger is an accounting journal
Q12: In the cash receipts journal,the Other Accounts
Q13: When using Quickbooks,the software automatically transfers the