The basic components of an accounting system include
A) Source documents
B) Input devices
C) Information processors
D) Information storage
E) All of these

Question

Quizplus · Accepted Answer

All of these components are essential for an accounting system. Source documents provide evidence of transactions, input devices are used to enter data into the system, information processors are utilized to manipulate the data and generate reports, and information storage is necessary to keep track of transactions over time.

The Basic Components of an Accounting System Include