Accounting information systems have five generic elements.Which of the following pairs includes two examples of the same element within the context of the acquisition/payment process?
A)Purchase order and schedule of accounts payable
B)Purchase order and adequate documentation
C)Schedule of accounts payable and adequate documentation
D)All of these

Question

Quizplus · Accepted Answer

Purchase order and schedule of accounts payable are both examples of documents and records, which are one of the five generic elements of accounting information systems.

Accounting Information Systems Have Five Generic Elements