Forecasting cash flows:
A)Is never considered an objective of transaction processing
B)Is only possible in computerized AISs
C)Is considered as a risky activity with which accountants should not be associated

Question

Quizplus · Accepted Answer

Forecasting cash flows is not an objective of transaction processing systems. Transaction processing systems are designed to handle day-to-day business transactions efficiently and accurately, not to forecast future cash flows. Forecasting is typically part of financial planning and analysis, not transaction processing.

Forecasting Cash Flows